An Indian startup has raised more than $1 million for its Edge data center roll-out.
StartupStoryMedia reports PlanckDot, a start-up specializing in Edge data centers, has secured $1.6 million in funding from high-net-worth angel investors.
According to its website, PlanckDot builds and deploys digital infrastructures and EV charging stations. Its Vigilante product reportedly monitors, secures, and optimizes operations in real-time.
Ali Ahmed Saleem, CFO and co-founder of PlanckDot, said: “Our focus is to create transformative change in the data center space through collaborations and research. PlanckDot is poised to lead India’s data center expansion and growth due to the demand for digital services and cloud computing. According to CBRE, India plans to invest $20 billion in digital infrastructure, and we and our customers are committed to becoming a substantial part of this expansion.”
He continued: “We have recently launched two Tier III compliant Edge data center facilities for our customers, with seven more on the cards to be delivered soon. By the end of the year, we are bound to increase our data center numbers by thirteen times the numbers we have achieved till now.”
The company has previously said it inaugurated a Tier III quality Edge data center in Raebareli in Uttar Pradesh. Logos on the facility suggest it was deployed in partnership with Indian Edge company VueNow. The company hasn’t shared any details on the specifications of its facilities.
PlanckDot claims its initiatives focus on improving the power usage effectiveness (PUE) ratio in data centers and aims to achieve a constant of one, signifying perfect efficiency in energy consumption. This almost impossible scenario would mean that all energy going into a data center is being put into powering the IT equipment and none into surrounding equipment such as cooling systems.
