Edge Provider DC BLOX Raises $37 Million in Series B

DC BLOX, a provider of connected Edge data centers and cloud services, secured $37 million in new equity and debt funding, completing its Series B financing with $53 million.

Each of the company’s data centers is interconnected with DC BLOX’s high-speed, fiber-optic network, which is designed to enable business continuity, disaster recovery, content delivery, and IoT and mobile applications. Less than a year after opening its data center in Chattanooga, Tennessee, DC BLOX expects to open two new data centers, representing at least three megawatts of critical power in 2018. A new data center in Huntsville, Alabama, is already under construction.

DC BLOX plans to use the proceeds to accelerate product development, acquire talent, and build infrastructure.