Quantum Loophole First Year Seed
Funding Exceeds $13 Million
Quantum Loophole Inc, an innovative developer of first-of-its-kind gigawatt scale master plan
data center cities, announces it has raised over $13 million in its initial
round of seed funding. Launched in January 2020, the unforeseen challenges
brought on by the COVID-19 pandemic bolstered interest in digital
infrastructure investments, solidifying Quantum Loophole’s vision for highly
sustainable, environmentally sound data center developments at scale.
Quantum Loophole is founded and led by Josh Snowhorn, an
interconnection and data center industry executive who has built over $10B of
value during his 20+ year career. Snowhorn has compiled a formidable
communications infrastructure industry leadership team with proven experience
at organizations that include Microsoft, Apple, Time Warner Cable, Charter
Communications, Cincinnati Bell, CyrusOne, Deloitte, PwC, Terremark, Verizon,
Yahoo and more.
“Together with the talented Quantum Loophole team, we have
re-imagined the way data centers can be developed in concert with natural
resources for sustainability within the industry and our planet,” comments Josh
Snowhorn, founder, CEO of Quantum Loophole. “Incorporating an ethically-planned
and community-centric design that puts sustainability at the forefront, our
master plan data center cities are designed to offer Gigawatt levels of
critical power, leverage cutting-edge technology to deliver connectivity
seamlessly and immediately, and offer mass scale fiber to nearby networking
hubs. All the while, our approach to shared infrastructure and pre-planned site
approvals improves performance, expedites time to market, while solving for the
expediency and scalability large capacity data center operators require well
into the future.”
Quantum Loophole’s management team includes Scott Noteboom, CTO;
Sylvia Kang, VP
of Real Estate; Richard Paul-Hus,
VP of Sales and Development; Ron da Silva, VP
of Operations; Rick Keiner, VP
of Finance; and Oren Wool, VP of
Sustainability.
The company’s first development project is well underway,
forthcoming details planned for Q3 2021.
Source: Quantum Loophole media announcement
