Datapipe is a Jersey City, NJ-based provider of enterprise-ready, mission-critical IT services. The company offers services and solutions for managing and securing mission-critical IT environments, including cloud computing, infrastructure as a service (IaaS), platform as a service (PaaS), colocation and data centers. It delivers services from New York, San Jose, CA, London, Hong Kong and Shanghai. Datapipe secured $176M in equity and debt financing, improving its financial position to support growth. CEO Robb Allen said the financing allows the company to continue to grow and expand its services and solutions. The raise supports Datapipe’s stated plans to expand its mission-critical IT service offerings. DataPipe provides data hosting and managed IT services for mid-size to large companies. It operates six data centers and serves more than 1,500 customers. The company secured $75 million in combined credit and equity financing led by Goldman Sachs. DH Capital served as financial adviser on the transaction. Proceeds will support expansion of its Somerset, N.J. campus to as much as 60,000 square feet of data center space and growth opportunities in London and China. Robb Allen is the company's chief executive and the company is based in Jersey City, N.J.

Total raised

$251M

Funding rounds

4

Latest round

Debt Financing

Latest activity

May 2011