Switch is a company.
Switch has raised $6.0M across 2 funding rounds.
Key people at Switch.
Switch has raised $6.0M in total across 2 funding rounds.
Switch has raised $6.0M in total across 2 funding rounds.
Switch's investors include Compound, Felicis Ventures, First Round Capital, Frontier Ventures, GE Ventures, Alpine Meridien, FabFitFun, iNovia Capital, Race Capital, Scrum Ventures, Erik Matlick, Ethan Beard.
Switch, Inc. is a leading developer, owner, and operator of advanced data centers in North America, specializing in exascale data center ecosystems, edge designs, telecommunications solutions, and next-generation technology for AI, cloud, and enterprise needs.[1][2][6] Founded in 2000 and headquartered in Las Vegas, the company serves hundreds of customers, including Fortune 1000 firms, by providing colocation, cloud services, and content ecosystems through its flagship SUPERNAP facilities, powering critical internet infrastructure with a focus on sustainable, renewable energy growth.[1][2][6] Taken private in a $11 billion deal in 2022 by DigitalBridge and IFM Investors (with IFM holding a 37.2% stake as of September 2025), Switch demonstrates strong growth momentum, raising $3.5 billion in asset-backed securities (ABS) since 2024, including a $659 million green bond in October 2025 to fund AI and hyperscale expansions across five U.S. campuses.[1][2][3][7]
The company solves the escalating demand for scalable, efficient data storage and processing amid rising online activity from people, businesses, and devices, emphasizing renewable-powered facilities and over 700 patented innovations in data center design.[1][2][6] With 70% of revenue from investment-grade tenants and recent awards like "2025 Growth Story of the Year," Switch is positioned as a market leader in digital infrastructure.[3]
Switch was founded in 2000 by Rob Roy, who serves as CEO, chief inventor, and chief engineer, developing over 700 issued and pending patent claims for revolutionary data center designs.[2][6] In 2002, Roy acquired a former Enron facility in Nevada via a secretive auction he attended alone, leveraging its hidden fiber optic assets as a pivotal early foothold.[6] This sparked the creation of SUPERNAP facilities, recognized for renewable energy use by Greenpeace in 2017, including a 555 MW solar project started in 2020.[6]
The company went public before being taken private in December 2022 in an $11 billion all-cash transaction by DigitalBridge Investment Management and IFM Investors at $34.25 per share, retiring $6.5 billion in bank debt by July 2025 and shifting focus to aggressive expansion.[1][2][3]
Switch rides the explosive growth in AI, cloud computing, and data-intensive applications, where surging online devices and economies demand sustainable, high-capacity infrastructure.[1][3] Timing aligns with post-2022 privatization enabling debt-free expansion amid AI hyperscale booms, as evidenced by dedicated ABS proceeds for five-campus development.[3][4] Market forces like renewable energy mandates and capital efficiency favor Switch's green bonds and patented efficiency, influencing the ecosystem by pioneering scalable financing models and setting ESG standards—recognized by Greenpeace and awards—while enabling Fortune 1000 clients in e-commerce, gaming, and modeling.[3][6]
Switch is primed for accelerated dominance in AI-driven data centers, leveraging $659 million fresh capital for hyperscale and liquid-cooled builds amid $6 billion in prior financings.[3] Trends like AI power demands and green infrastructure will propel growth, potentially expanding internationally via SUPERNAP models and deepening renewable integrations.[1][6] Its influence may evolve by redefining capital markets for non-hyperscale assets, solidifying Switch as the independent backbone for North America's digital economy—echoing its origins in turning overlooked assets into world-leading ecosystems.[2][3][6]
Key people at Switch.
Switch has raised $6.0M across 2 funding rounds. Most recently, it raised $4.0M Venture Round in June 2016.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2016 | $4.0M Venture Round | Compound, Felicis Ventures, First Round Capital, Frontier Ventures, GE Ventures | |
| Dec 1, 2014 | $2.0M Seed | Alpine Meridien, Compound, FabFitFun, Felicis Ventures, First Round Capital, Frontier Ventures, iNovia Capital, Race Capital, Scrum Ventures, Erik Matlick, Ethan Beard, Jonathan Neman, L.D. Salmanson, Moshe Lifschitz |
