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Saragon Launches to Serve Growing Demand for Colocation

Saragon, a new U.S. data center company aiming to serve the growing demand for colocation, high-density computing and AI inference infrastructure, has begun operations with 10 data centers. Backed by up to $1 billion in committed capital from I Squared Capital, Phoenix-based Saragon plans to scale rapidly through investment in its existing footprint, customer-led expansion and additional acquisitions.

The launch follows I Squared’s acquisition of 10 data center facilities from Cogent Fiber, LLC, a subsidiary of Cogent Communications Holdings, Inc. The portfolio spans Chicago, Atlanta, Phoenix, Los Angeles, Kansas City, Baltimore, Houston, Nashville, and Stockton with approximately 53 megawatts of installed power capacity and 259,000 square feet of colocation space. 

“Demand for edge capacity is accelerating across everything we do — retail, enterprise, and wholesale colocation alike — as businesses of every kind bring compute closer to their users,” said Saragon CEO Steve Orlando. “AI inference is the newest driver, but the same fundamentals power content delivery, hybrid cloud, and mission-critical enterprise workloads. With a launch footprint spanning nine major markets across the country and the backing of I Squared Capital, Saragon is built to deliver that capacity where our customers need it most.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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