North Carolina data center service provider DataChambers announced today that it has secured financing for an expansion of its data center that was announced early last year. NewBridge Bank will provide construction financing for the $9 million project, which will add 20,000 square feet of data center space t DataChambers' 80-acre campus in Winston-Salem.
The expansion space is located 18 feet underground in a secure, blast-resistant bunker. Construction of the new facility involves the demolition and rebuilding of a section of the former office building where DataChambers is headquartered. When completed, the new data center will more than double capacity to house data for its 110 clients.
“We’ve been pleased with the progress of the project, which positions us for significant growth,” said Nicholas Kottyan, CEO of DataChambers. “We expect to be up and running by early summer.”
"DataChambers is a great success story in our region, and we could not be more pleased that they have chosen NewBridge Bank as their financial partner," said Terry Freeman, Senior Vice President and Commercial Relationship Manager for NewBridge Bank. "This locally owned and operated business is the ideal client for NewBridge Bank to help move forward."