Compass Datacenters Gets $45M In Debt Funding

Dallas-based Compass Datacenters, a builder and operator of data centers, said this morning that it has scored its first major round of funding. The firm said it has gained a $45M credit facility, which can be expanded up to $100M, to finance its data center construction projects across the US. The funding came from KeyBank NA. Terms of that credit facility were not disclosed. Compass Datacenter is headd by Chris Crosby, and say sit has developed a modular datacenter design which helps customers deploy standalone data centers not well served by traditional providers.