Hivelocity and Colohouse combine to offer colocation, cloud, bare metal, hosting and related data services across a diversified customer base. The combined business will feature more than 40 data center locations and will be headquartered in Tampa, FL. Management of the merged company is led by Colohouse CEO Jeremy Pease, who described the acquisition of Hivelocity as a strategic move to enhance capabilities and service offerings. The companies plan to drive growth through organic customer expansion and select strategic acquisitions, and to support new initiatives and product offerings. Turning Rock Partners highlighted the combined company's execution and operational domain expertise in data center, network, and bare metal assets as a strength. No revenue or user metrics were disclosed in the article.

Total raised

$70M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2024