What is Ascent?
Founded in 1998 and headquartered in Saint Louis, Missouri, Ascent is a specialized provider of comprehensive solutions for the development, engineering, construction, and operation of data centers and critical facilities. The company offers full lifecycle support, encompassing the design and development of new, expanded, or upgraded facilities, as well as daily monitoring and management. Ascent's core services include data center developments, consulting and engineering services, construction management, and operations and maintenance management, positioning it as a key player in the critical infrastructure market.
How much funding has Ascent raised?
Ascent has raised a total of $109M across 2 funding rounds:
Debt
$107M
Debt
$2M
Debt (2012): $107M with participation from Bank of America, Royal Bank of Scotland, and Cole Taylor Bank
Debt (2020): $2M led by PPP
Key Investors in Ascent
Bank of America
Bank of America is a global financial institution providing comprehensive banking and financial services, including commercial lending and capital markets products, indicating a focus on supporting large-scale enterprise operations.
Royal Bank of Scotland
The Royal Bank of Scotland, a prominent financial institution, likely provides significant debt financing and corporate banking services to established companies.
Cole Taylor Bank
Cole Taylor Bank, a financial institution, participates in providing debt financing, suggesting a role in supporting the operational and capital needs of businesses.
What's next for Ascent?
The recent major strategic investment signals a new phase of expansion and development for Ascent. This capital infusion is likely to fuel further innovation in their service offerings, potentially enabling the company to enhance its lifecycle support capabilities, expand its geographical reach, or invest in advanced technologies for data center operations. Ascent's focus on critical facilities suggests that future growth will be tied to the increasing demand for robust and reliable data infrastructure, driven by cloud computing, AI, and big data analytics.
See full Ascent company page
