Tech Company Financing Transactions
ROOT Data Center Funding Round
ROOT Data Center, based in LaSalle QC, secured $90 million from Goldman Sachs.
Transaction Overview
Company Name
Announced On
11/1/2017
Transaction Type
Venture Equity
Amount
$90,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This funding improves ROOT's financial strength and long-term stability, enabling the company to enter new regions and markets, complete facility expansions, and properly invest in capacity to better serve demand from growing business sectors such as the retail segment.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
2711 Dollard Ave.
LaSalle QC, H8N 2J8
Canada
LaSalle QC, H8N 2J8
Canada
Phone
Website
Email Address
Overview
Founded in Montreal, ROOT Data Center specializes in next-generation colocation that goes beyond just security and reliability. ROOT stands out with its industry-leading deployment speed, energy efficiency, and power density solutions, enabling IT organizations to outperform their competitors.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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