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Crosby: Surge of New, Patient Capital Great for Data Center Industry

The Data Center Podcast: Chris Crosby, founder and CEO of Compass Datacenters, on business, diversity, and sustainability.
While there have been concerns about the influx of new, eager institutional investors pushing data center business valuations to new heights, the type of investors now pouring capital into the industry are a good fit for the type of business data center providers are in.
That’s according to Chris Crosby, founder and CEO of Compass Datacenters, whose company is turning 10 years old this year. During its decade in existence, the company grew to become a data center operator in nine US and two Canadian markets, expanded its focus from only building mid-size facilities in secondary markets to also building massive server farms for hyperscale cloud platforms, and entered adjacent businesses, one developing software for managing remote infrastructure equipment, and the other building micro-data centers for edge computing deployments.

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