ADACEN
PrivateLast 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
Historical Pricing
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ADACEN Comps
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ADACEN Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series D | Oct 5, 2023 |
ADACEN Filings
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| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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