Tech Company Financing Transactions
Novva Data Centers Funding Round
On 6/2/2022, Novva Data Centers raised $355 million in funding from CIM Group.
Transaction Overview
Company Name
Announced On
6/2/2022
Transaction Type
Venture Equity
Amount
$355,000,000
Round
Undisclosed
Investors
CIM Group (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand across the United States in order to offer 1,000 MW of designed data center capacity by 2027 at several strategic, yet-to-be-named locations. It also supports CIM Group and Novva's ongoing partnership to create aproduct, as well as a "wholocation" experience to customers.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
6477 West Wells Park Road
West Jordan, UT 84081
USA
West Jordan, UT 84081
USA
Phone
Website
Email Address
Overview
Novva Data Centers is a privately held company that provides wholesale and multi-tenant colocation infrastructure services to local, national, and international clients. Offering turn-key and client designed solutions of all sizes, our Utah colocation data center -- the largest in the state -- is sure to meet your unique IT needs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Wes Swenson
Chief Financial Officer
Cory Argyle
VP - Marketing
Beccy Bingham
VP - Sales
Eric Morgan
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Our team works diligently to document funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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