C7 Data Centers provides advanced IT and data center outsourcing services, including colocation, cloud/hybrid cloud, dedicated server, disaster recovery and data backup solutions. The company emphasizes secure, energy-efficient, high-density data center designs and all its facilities are SSAE 16 Type 2 audited. C7 serves clients across the financial, high-tech, medical and education industries and highlights Utah's favorable power rates, fiber connectivity, limited natural disasters and business environment. The company announced it has secured $25 million in combined debt and equity funding from MCG Capital Corporation and previous investment partner Signal Peak Ventures. The funding is intended to expand C7's data center footprint and operations and to support construction of additional data centers locally and regionally to meet growing client demand. Company leadership and investors cited strong customer satisfaction and robust market demand as drivers for the planned expansion. C7 Data Centers, Inc. is a Lindon, UT–based national provider of colocation, disaster recovery, and virtualization solutions for local, national, and multi-national companies. Its data centers are located in Utah in low-disaster geographic areas with low-cost power rates. The company has raised an additional $9m in growth capital. The round was led by Canopy Ventures and included debt financing participation from Zions First National Bank. C7 will use the funds to accelerate organic growth, fund additional phases for its data centers, and enable new expansion facilities. The article does not disclose additional financial metrics or prior rounds.

Total raised

$34M

Funding rounds

4

Latest round

Equity

Latest activity

Oct 2012