Israeli data centre company boosted by major investment

Israeli data centre company boosted by major investment

A leading Israeli colocation data centre infrastructure provider has attracted the attention of one of the world’s biggest and best-known private investment firms.

The company, MedOne, says it has received a significant growth investment from US private investment firm Berkshire Partners and the van Rooyen Group, alongside majority shareholder Taavura.

Established in 1997, MedOne provides carrier-neutral colocation, interconnection, and hybrid cloud services to global cloud and content customers, multinational technology companies and leading local enterprises and government entities. It has a growing portfolio of highly secure and carrier-neutral data centres.

In fact MedOne operates over 25,000 square metres of data centre capacity across four highly secure, underground sites in Israel, with additional sites under development.

MedOne’s facilities are strategically situated at the heart of Israel’s interconnection ecosystem, offering customers access to the densest collection of global and local networks and cloud operators, including the Israeli Internet Exchange.

The amount of the investment does not seem to have been made public. However, MedOne says that with this new investment it plans to build on its current reputation and track record, optimizing and meaningfully expanding its data centre portfolio to meet growing demand. 

Ronnie Sadeh, CEO of MedOne says the investment is “a significant milestone, which will enable us to expand our services to even more Israeli and multinational companies as well as to accelerate our in-process expansion facility development".

Drew Walker, Principal at Berkshire Partners describes Israel as “one of the most dynamic economies and rapidly developing data centre markets in the world”.

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