What is Onyx Group?
Onyx Group, through its subsidiary DataBanx, operates as a secure hosting facility provider in the North East. DataBanx specializes in offering resilient infrastructure, including backup generators, UPS systems, and advanced fire detection and suppression, to ensure the security and integrity of critical data. The company emphasizes the cost and hassle savings of colocation compared to in-house solutions, backed by a 100% Service Level Agreement on power and cooling. Their services encompass secure racking options, robust power distribution, and comprehensive security measures including CCTV, access control, and intruder detection, ensuring a hassle-free and secure environment for client equipment.
How much funding has Onyx Group raised?
Onyx Group has raised a total of $66.3M across 1 funding round:
Unspecified
$66.3M
Unspecified (2011): $66.3M with participation from ISIS Equity Partners
Key Investors in Onyx Group
ISIS Equity Partners
ISIS Equity Partners is a private equity firm known for backing growing businesses. Their investment in Onyx Group suggests a focus on companies with strong market potential and scalable business models.
What's next for Onyx Group?
The substantial enterprise-level funding and recent strategic investment signal a pivotal phase for Onyx Group. This capital infusion is likely to fuel expansion initiatives, potentially involving the enhancement of existing infrastructure, the development of new service offerings, or strategic acquisitions to broaden market reach. The company's focus on secure data hosting and colocation positions it to capitalize on the increasing demand for robust data management solutions. Future growth may also involve strengthening partnerships and exploring new technological advancements to maintain a competitive edge in the evolving cloud and data infrastructure landscape.
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