Business Wire·Aug 19, 2026, 9:00 AM ET

Saragon Launches as New U.S. Data Center Company Purpose-Built for AI Inference and Edge Colocation

Saragon launches with backing of up to $1 billion in committed capital from I Squared Capital.
The company operates ten purpose-built data centers across nine major U.S. markets including Chicago, Atlanta, Phoenix, Los Angeles, Kansas City, Baltimore, Houston, Nashville, & Stockton.
Initial infrastructure includes 53 MW of installed power capacity & 259,000 square feet of colocation space serving over 63 million people.
Saragon was established following I Squared's acquisition of ten facilities from Cogent Fiber, LLC, a subsidiary of Cogent Communications Holdings, Inc.
Steve Orlando appointed as CEO & Kevin Dalton appointed President, bringing extensive experience in digital infrastructure & large-scale development.
Facilities are designed for AI inference, high-density computing, liquid cooling, & low-latency connectivity near local internet exchanges.
All ten facilities are owned outright with existing room for expansion to meet growing customer requirements.
Growth strategy involves targeted investment, customer-led expansion, & acquisitions in existing or new edge locations.
Saragon serves retail, enterprise, & wholesale colocation markets including high-density deployments & interconnection-rich environments.
Headquartered in Phoenix, Arizona, the company focuses on delivering edge infrastructure for the AI inference era.