DC74 Data Centers
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DC74 Data Centers - overview
Established
2008
Location
Charlotte, NC-North Carolina, US
Primary Industry
Business Support Services
About
DC74 Data Centers specializes in providing reliable data center solutions and connectivity services, ensuring secure and efficient operations for businesses across various sectors. DC74 Data Centers, founded in 2008 in Charlotte, US, focuses on delivering data center and connectivity solutions. The company was acquired by Lumos Networks in February 2017 for USD 23. 5 mn.
Previously, Lumos Networks was a portfolio company of Pamplona Capital Management. The founder's specific history is not detailed in the available information. DC74 Data Centers offers a comprehensive range of connectivity solutions, including carrier-grade bandwidth, cloud connectivity, and cybersecurity services. Their core products encompass dark fiber, Ethernet access, and SD-WAN, tailored for industries such as education, healthcare, and government to support their operational needs.
DC74 Data Centers generates revenue through a subscription-based model, enabling ongoing partnerships with clients in various sectors. They provide tailored telecommunications solutions, often involving multi-year contracts that enhance predictability in revenue streams. The offerings include enterprise-grade internet services and additional cybersecurity solutions, customized according to client requirements. Looking ahead, DC74 Data Centers plans to utilize the proceeds from the most recent funding round to enhance its product offerings and expand into new geographic regions.
With the acquisition by Lumos Networks, the strategy includes developing additional services aimed at improving data center efficiency and scaling operations across the Southeastern U. S. and beyond, with specific target markets to be identified as part of their growth strategy.
Current Investors
Lumos Networks
Primary Industry
Business Support Services
Sub Industries
Data Centers, IT Infrastructure, Storage Management Software
Website
www.dc74.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
DC74 Data Centers - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | DC74 Data Centers | - |
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DC74 Data Centers - employee data


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