RagingFire Secures $75 Million Credit For Sacramento Data Center

Colocation firm RagingWire Enterprise Solutions has secured $75 million in credit to ‎finance their new Sacramento Data Center Campus and other similar sites under due ‎consideration.‎This facility comes at an attractive interest rate reflecting the industry’s confidence in ‎their gainful working models, projected cash flow and vibrant balance sheet. This credit ‎facility is supportive of their dynamic expansion plans, does away with dilution, and ‎promotes a greater return to shareholders.

The new 250,000 square foot data center is ‎under construction in addition to their existing 220,000 facility. ‎The new facility would be 2N+2 redundant, carrier neutral and capable of ‎accommodating client power density requirements in excess of 250 watts per square foot.‎ The largest of its kind in California, the facility would be client-ready by April 2011.‎

RagingWire, established in 2000 is as an Inc. 500 fastest growing company as well as ‎one of Sacramento’s fastest growing companies since the last five years.‎