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ADACEN

ADACEN

Private
Albuquerque, New MexicoAI, Data & Cloud Infrastructurehttps://www.adacen.com

Last Round

Series D

Oct 5, 2023

Total Funding Raised

$335M

Company Overview

ADACEN is an IT solutions company based in Albuquerque, New Mexico that develops and operates data centers and provides related services. The company's mission is to offer highly secure, high-performing, and efficient data protection solutions. ADACEN's offerings are divided into two main areas: "ADVANCED DATA SOLUTIONS℠," which includes High-Performance Compute (HPC), Private HPC Cloud, and immersion-cooled server technologies, and "DATA OASIS™," which are advanced data center complexes. The company provides services like AI as a Service (AIaaS) and Infrastructure as a Service (IaaS), focusing on private, undersubscribed solutions. Its target clients include U.S. federal, regional, and local governments, as well as eligible commercial companies and international governments. In November 2023, the company filed a notice for an exempt offering of securities to raise $335 million in new equity investment.

Sector

AI, Data & Cloud Infrastructure

Verticals

Cloud Infrastructure, Defense Tech, AI Training Infrastructure, Computing Hardware, Data Protection

Business Model

B2G

Customer Profile

Government Contracts, Services & Consulting, Subscription SaaS, Usage-Based SaaS

AI Layer

Infrastructure

Keywords

advanced data centerhigh-performance computingHPCimmersion coolingsecure colocationprivate cloudAI infrastructureInfrastructure as a ServiceIaaSgovernment contractorGovTechDoD contractorsovereign cloudsupercomputinghigh-density computingliquid coolingArtificial Intelligence as a ServiceAIaaSquantum safe encryptionQSE

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ADACEN Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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ADACEN Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series DOct 5, 2023

Key People

Founding team and executive leadership

Bob Henley

Founder CEO

Founding Team

ADACEN Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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ADACEN Filings

SEC and related filings with document metadata.

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Firmographic Details

HeadquartersAlbuquerque, New Mexico
Employee Range8
Year Founded2018
Last FundingOct 5, 2023

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.