Company secures financing for $9 million project.
DataChambers, a Winston-Salem, N.C.-based technology firm, has announced it has secured financing from NewBridge Bank, Greensboro, N.C., to support construction of a new data center on its 80-acre campus in Winston-Salem.
Work is under way on the 20,000-square-foot, $9 million project that the company announced last spring. When completed, the data center will more than double the company’s capacity to house data networks for its clients, including more than 110 firms in 28 states.
“We’ve been pleased with the progress of the project, which positions us for significant growth,” says Nicholas Kottyan, CEO of DataChambers. “We expect to be up and running by early summer.”
Construction of the new facility involves the demolition and rebuilding of a section of the former office building where DataChambers is headquartered. The space is located 18 feet underground in a secure, blast-resistant bunker, the company says.
Landmark Builders is the general contractor for the project.
“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,” says 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.”
DataChambers is a full-service information technology and managed services provider specializing in electronic data storage, managed information technology solutions, secure co-location services for mission-critical information technology infrastructure, secure tape vaulting and off-site records storage and management. The company is SAS 70 Type II audited.
NewBridge Bank is a full-service, state chartered community bank that offers financial planning and investment alternatives such as mutual funds and annuities through Raymond James Financial Services Inc., a registered broker dealer. NewBridge Bank is one of the largest community banks in North Carolina, with assets of approximately $2 billion.