redIT Gets $72M Investment For Data Center Expansion

San Diego-based managed IT services provider redIT said Wednesday that it has raised $72M in a funding round. The company, which provides managed IT services, connectivity, and data centers spread between the southwestern U.S. and Mexico, said the funding came from Cartesian Capital Group and Digital Realty. redIT said it will use the funding to increase its physical infrastructure, and specifically for expanding its data center operations throughout Mexico and the southwestern United States. redIT is led by Murray Case. More information »