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Ascenty Closes US$130m in New Financing and Speeds Up Investments in Brazil

2 December 2014

(Newswire Today) Brazilian hosting and cloud computing service, Ascenty, has raised US$130m (approximately R$325m). The funds will be invested in the expansion of the company’s infrastructure in Brazil. DH Capital, a New York based investment firm, assisted the company in its capital raising efforts.

“We are starting 2015 with three new data centers under construction in the country: two in São Paulo and one in the Northeast,” noted Chris Torto, founder and CEO of Ascenty. “By the end of 2015, Ascenty will have five data centers operating in Brazil. In addition, we will be expanding our fiber-optic network from 3,000 kilometers to over 4,500 kilometers by the end of 2015.”

With multiple data centers in operation, Ascenty offers data center and telecom infrastructure, providing clients with high density colocation, managed hosting, managed services and cloud computing. The company currently operates data centers in Campinas (SP) and Jundiai (SP), with data centers under construction or in development in the cities of Hortolândia (SP), Fortaleza (CE) and SãoPaulo (SP). The opening of two of these new data centers is planned for mid-2015 and Ascenty will start construction on its fifth data center, located in São Paulo, in the first quarter of 2015 and commence operations by early 2016. Ascenty’s existing data centers are certified Tier III by the Uptime Institute, and the new data centers under development will be built to the same quality standard based on international requirements.