Keystone NAP, the Fairless Hills, PA-based advanced data center provider, announced that it will be building a new modular datacenter in the Northeast. Keystone NAP received Series A1 funding from a prominent group of Philadelphia-based investors, led by Ira Lubert along with additional investors arranged by DH Capital; the amount of the investment was not disclosed. With the backing of its investors, Keystone NAP will open the doors on its Pennsylvania facility in early 2015.
"We are bridging a crucial technology gap on the East Coast," said Peter Ritz, Founder and CEO of Keystone NAP. "Across industries including healthcare, financial services, higher education, and more, there is a growing reliance on enterprise applications hosted in private, public, and hybrid clouds. Yet until now, there haven't been solutions in the region to address the new demands those applications create. Companies increasingly need greater data center power and connectivity, as well as service support to keep operations running smoothly while employees focus on core business functions. This is what Keystone NAP delivers: unrivaled enterprise application performance, provided through a unique advanced data center solution in the Mid-Atlantic market."
"We are seeing growing demand for data center space in the Northeast, and particularly in eastern Pennsylvania as an alternative to markets such as NY/NJ," added Kelly Morgan, Research Manager for Datacenters at 451 Research. "With its location outside of Philadelphia, as well as its combination of space, power and application management services, we expect that Keystone NAP will see strong demand for this new facility."
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