Liberty Lake-based data center TierPoint has two announcements this week. First, it's upgraded its network to 50 gigabits per second capacity.
Second, it's announced an $8.2 million project to build a third center, TierPoint 3, just down the street from its first and second centers.
The network upgrade means customers who provide Internet and network services from TierPoint will see a faster connection, and even more reliable service, and those who host from the Libery Lake center will have more bandwidth available, said Dan Seliger, one of the partners of the company.
With the new data center, roughly 10,000 square feet, TierPoint is adopting a Green approach to cooling, relying on a system that will draw underground water and use it to cool off the rack room.
About $4.1 million of capital for the project came from financing from Bank of America/Merrill Lynch; another $3.1 million came from Evergreen Business Capital; with another $3.1 million provided by a small business loan through the Small Business Administration (SBA).
TIerPoint, which was founded by tech guru Bernard Daines, provided the remaining $1.0 million.
It's expected to be operating next spring.