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eStruxture Data Centers received a transformative $1.8 billion CAD investment led by Fengate to amplify hyperscale growth.

Jun 19, 2024over 1 year ago

Amount Raised

$1.8 Billion

Montreal

Investors

PantheonPartners GroupFengate Asset Management

Description

Fengate Asset Management led a groundbreaking $1.8 billion CAD investment in eStruxture Data Centers, setting a new standard for innovation and growth in the Canadian technology sector. The investment will enable the expansion of eStruxture's portfolio of 15 state-of-the-art facilities nationwide to meet the demand for data center capacity.

Company Information

Company

eStruxture

Location

Montreal, Quebec, Canada

About

eStruxture is the largest Canadian data center provider with locations in Montreal, Toronto, Vancouver, and Calgary. Our solutions are designed to give you more: more locations, more capacity, more connections that enable you to run modern, demanding enterprise applications, and offer your business the control to rapidly scale in response to unpredictable changes in business processes. Headquartered in Montreal, eStruxture provides access to an ecosystem of almost 1,200 customers that trust and depend on our infrastructure and customer support, including carriers, cloud providers, media content, financial services, and enterprise customers. eStruxture offers colocation, bandwidth, security and support services to customers across Canada in its carrier and cloud-neutral facilities. For more information, visit www.estruxture.com, and follow us on Twitter and LinkedIn.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers