Sacramento’s RagingWire Data Centers, flush with new financing, said Wednesday it will build a second facility in Natomas.
The $90 million data center, to be located in a warehouse district on West National Drive, will lead to the creation of about 30 new information technology jobs when the facility opens next September, said Jason Weckworth, the company’s chief operating officer. The new 165,000-square-foot center will be about a mile from the company’s 500,000-square-foot flagship site, also in Natomas.
Weckworth said RagingWire has an option to take over a third building, also on National, that would add another 225,000 square feet of capacity to the company’s footprint. The third facility would likely open sometime in the next five years and would represent an additional $160 million investment.
He said the additions will cement RagingWire’s status as a leading provider of back-office data operations to corporate clients.
Also Wednesday, the company announced it has obtained $230 million in new financing to help it expand in Sacramento and at its year-old site in Ashburn, Va.
A total of eight lenders, led by Bank of America Merrill Lynch and Comerica Bank, participated in the funding.
“We’re on a growth curve,” Weckworth said. The company has hired 60 employees in the past two months. The current payroll stands at 220 workers in Sacramento and 80 in Virginia, he said.
Douglas Adams, the company’s chief revenue officer, said RagingWire is gaining business from cloud-computing clients, social media companies and others.
“We’re literally on fire in terms of sales,” he said.
Most of RagingWire’s customers are in San Francisco and Silicon Valley. “They see Sacramento as outside the earthquake zone,” Adams said.
Adams and Weckworth were promoted to their current jobs just last week. Adams has been with the company almost since its inception in 2000, and Weckworth joined two years ago.
Call The Bee’s Dale Kasler, (916) 321-1066. Follow him on Twitter @dakasler