I Squared Capital LLC

08/19/2026 | Press release | Distributed by Public on 08/19/2026 09:41

Launching Saragon, a U.S. Data Center Platform for AI Inference and Edge Colocation

Backed by up to $1 billion from I Squared Capital, Saragon launches with ten data centers across nine U.S. markets and approximately 53 MW of installed power capacity.

I Squared Capital has launched Saragon, a new U.S. data center platform designed to serve growing demand for colocation, high-density computing and AI inference infrastructure.

Established following I Squared's acquisition of ten purpose-built data centers from Cogent Communications, Saragon begins operations across nine major U.S. markets serving more than 63 million people with approximately 53 MW of installed power capacity and 259,000 square feet of colocation space. Its facilities combine metropolitan locations, liquid-cooling capabilities and dense fiber connectivity to support AI inference and other latency-sensitive workloads.

Led by Chief Executive Officer Steve Orlando and President Kevin Dalton, Saragon plans to grow through investment in its existing footprint, customer-led expansion and additional acquisitions across U.S. edge markets.

"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 Steve Orlando, Chief Executive Officer of Saragon. "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."

The company will serve customers across the full spectrum of colocation requirements, including retail colocation for single-cabinet deployments, enterprise colocation for mission-critical corporate infrastructure, and wholesale colocation for customers requiring dedicated, large-scale capacity. Saragon will also support high-density and liquid-cooled deployments and interconnection-rich environments for AI inference, content delivery, and hybrid-cloud workloads.

Read the full announcement >

Media Contacts

I Squared Capital
Dominic McMullan / Sofie Brewis
[email protected]

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I Squared Capital LLC published this content on August 19, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on August 19, 2026 at 15:41 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]