CoreSite Realty Corporation (NYSE:COR), a premier provider of
secure, reliable, high-performance data center and interconnection
solutions across the U.S., announced today that Paperspace, a
technology company that provides its customers with a
full, personal computer that lives in the cloud and is
accessible from any web browser, has just completed data center
deployments in CoreSite’s New York and Santa Clara campuses.
Paperspace worked with its IT services provider, COLOpeople, to
find a scalable, high-performance data center solution to meet the
needs of its newly launched cloud computing platform. Paperspace
chose CoreSite for its access to leading enterprises, cloud
providers and internet peering exchanges, as well as flexible and
scalable data center solutions, based on strong initial customer
demand for Paperspace’s cloud solution. It was critical for
Paperspace to deploy within a high-density, scalable, national data
center platform operated by a provider with a strong track record
of reliability.
“Our primary needs for a data center partner are to be flexible
in accommodating our rapid growth in high-density power
environments and to offer connectivity to a robust set of
enterprise customers and network- and cloud-service partners across
the U.S.,” said Daniel Korban, co-founder at Paperspace. “CoreSite
continues to more than meet all of our criteria.”
Paperspace provides enterprises with an innovative solution to
the need for additional processing power on demand in an
easy-to-use interface. With its deployments on both coasts in
CoreSite’s platform, Paperspace can reach an expanded audience
within CoreSite’s robust customer communities, including a growing
base of enterprise demand.
CoreSite’s New York campus includes data center facilities in
Manhattan and Secaucus, NJ, comprising over 280,000 square feet of
connected, reliable, high-performance data center capacity.
Supporting acceleration of customers’ IT performance while reducing
customer costs, CoreSite’s New York campus hosts over 45 network
service providers and provides direct access to some of the world’s
leading cloud service providers, all with robust, low-latency
network access to Manhattan.
CoreSite's Silicon Valley data center market is comprised of
operational facilities in Santa Clara, San Jose, and Milpitas, with
an additional two data centers in Santa Clara currently under
construction. When completed, these seven facilities will total
nearly 780,000 square feet of data center capacity. Nearly 200
customers, including enterprises, international and national
carriers, social media companies, cloud computing providers, and
media and entertainment firms, connect to do business in CoreSite’s
Silicon Valley data centers.
“We are pleased to welcome Paperspace to our robust and growing
cloud services community across our national platform,” said Steve
Smith, senior vice president of sales and marketing at CoreSite.
“We are excited to partner with Paperspace as they launch their
innovative cloud computing offering. We look forward to supporting
their rapid growth with reliable and scalable data center
solutions, while providing a seamless, high-touch customer
experience.”
About Paperspace
Paperspace is a virtual desktop platform designed for the cloud
era. We provide access to subscription-based desktops that can be
accessed from anywhere, on any device. Paperspace is the first
GPU-accelerated virtual desktop capable of running high-end media
rich applications and 3D graphics. Our proprietary protocol is the
fastest streaming technology available, delivering near-native
performance directly in a web browser. Paperspace includes a simple
web-based interface to manage your team with powerful enterprise
features like 1-click backups, login monitoring, custom templates
and shared drives.
About CoreSite
CoreSite Realty Corporation (NYSE:COR) delivers secure,
reliable, high-performance data center and interconnection
solutions to a growing customer ecosystem across eight key North
American markets. More than 900 of the world’s leading enterprises,
network operators, cloud providers, and supporting service
providers choose CoreSite to connect, protect and optimize their
performance-sensitive data, applications and computing workloads.
CoreSite’s scalable, flexible solutions and 350+ dedicated
employees consistently deliver unmatched data center options — all
of which leads to a best-in-class customer experience and lasting
relationships. For more information, visit www.CoreSite.com.
Forward Looking Statements
This press release may contain forward-looking statements within
the meaning of the federal securities laws. Forward-looking
statements relate to expectations, beliefs, projections, future
plans and strategies, anticipated events or trends and similar
expressions concerning matters that are not historical facts. In
some cases, you can identify forward-looking statements by the use
of forward-looking terminology such as “believes,” “expects,”
“may,” “will,” “should,” “seeks,” “approximately,” “intends,”
“plans,” “pro forma,” “estimates” or “anticipates” or the negative
of these words and phrases or similar words or phrases that are
predictions of or indicate future events or trends and that do not
relate solely to historical matters. Forward-looking statements
involve known and unknown risks, uncertainties, assumptions and
contingencies, many of which are beyond the Company’s control,
which may cause actual results to differ significantly from those
expressed in any forward-looking statement. These risks include,
without limitation: any adverse developments in local economic
conditions or the demand for data center space in these markets;
operational difficulties, including difficulties relating to
information systems, internal processes and information security;
significant industry competition; financial market fluctuations;
and other factors affecting the real estate industry generally. All
forward-looking statements reflect the Company’s good faith
beliefs, assumptions and expectations, but they are not guarantees
of future performance. Furthermore, the Company disclaims any
obligation to publicly update or revise any forward-looking
statement to reflect changes in underlying assumptions or factors,
of new information, data or methods, future events or other
changes. For a further discussion of these and other factors that
could cause the Company’s future results to differ materially from
any forward-looking statements, see the section entitled “Risk
Factors” in the Company’s most recent annual report on Form 10-K,
and other risks described in documents subsequently filed by the
Company from time to time with the Securities and Exchange
Commission.
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version on businesswire.com: http://www.businesswire.com/news/home/20160621005063/en/
CoreSiteInvestor Relations ContactGreer Aviv,
303-405-1012Vice President of Investor
RelationsGreer.Aviv@CoreSite.comorMedia ContactBrenda Van
der Steen, 720-446-2014Media Relations
Managerbrenda.vandersteen@coresite.com
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