Coresite

What Coresite does

CoreSite is a U.S.-based carrier-neutral colocation and interconnection platform operating 30+ owned-and-operated data centers across 11 strategic markets (West, Central, Northeast, Mid-Atlantic, Southeast), totaling more than 4.8 million square feet. Its portfolio spans three core product lines: Colocation (cabinets, private cages, private suites, Remote Hands, Move-In Assistance), Interconnection (Open Cloud Exchange Layer 2 Ethernet Virtual Circuits, Any2Exchange peering, Blended IP, cross-connects, inter-site connectivity), and Cloud Networking (native private connectivity to AWS Direct Connect at 400G, Azure ExpressRoute, Google Cloud Interconnect, Oracle FastConnect). The Open Cloud Exchange anchors a network of 44,000+ customer interconnection points that delivers up to 70% data egress cost savings versus public internet transfers.

The company monetizes primarily through recurring subscription revenue on multi-year contracts for space, power, cooling, and cross-connects, supplemented by Remote Hands professional services. Pricing is quote-based and not publicly disclosed; sales run through direct enterprise field sales augmented by a channel partner program (resellers, agents, technology alliances) and the CoreSite Marketplace ecosystem. Customer segments are diversified across Financial Services, AI/ML platforms, Healthcare, Government, Media, Network Providers, Retail, Software/SaaS, Higher Education, and Cloud Service Providers, with named logos including Wayfair, Dropbox, Zoom, Red Hat, NVIDIA, AT&T, Zscaler, Synopsys, Backblaze, and Boingo.

Founded in 2001 and headquartered in Denver, Colorado, CoreSite has 251-500 employees and operates as a wholly-owned subsidiary of American Tower Corporation following the 2021 $10.4 billion acquisition. Stonepeak holds approximately 36% ownership of the data center segment after a $570 million investment in October 2022 that brought total commitment to roughly $3.07 billion. The company has earned Gartner Market Guide recognition (2025) as a Representative Vendor for Data Center Colocation, NVIDIA DGX Ready data center partner status, and Google Gold Verified Peering Provider status. Strategic priorities include high-density AI-ready infrastructure (GPU deployments, liquid cooling via OptiCool), cloud onramp upgrades (400G connectivity), and ecosystem expansion (Community IX exchanges in Miami and Northern Virginia).

Name

Coresite

Legal name

CoreSite

Website

https://coresite.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

501–1,000 employees

Short description

CoreSite is a U.S. carrier-neutral colocation and interconnection platform operating 30+ data centers across 11 strategic markets, serving enterprise and AI customers with secure space, power, direct hyperscaler cloud connectivity, and high-density GPU infrastructure.

Ownership category

akta.pro rank

Product category

Data Center Colocation

NAICS

Wired Telecommunications Carriers (517111)

SIC

Computer Communications Equipment (3576)

akta.pro primary industry

Wholesale Colocation (Powered Shells / Suites) (HDABACAB)

akta.pro secondary industry

Cloud Networking Core Services (VPC/VNet, Load Balancing, DNS, NAT) (HDABAAAJ)

Keywords

• Data center colocation
• Interconnection services
• Cloud connectivity
• Hybrid IT infrastructure
• Carrier-neutral facilities

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Colocation Services: Recurring revenue from renting cabinet space, private cages, and private suites within CoreSite data centers. Customers pay for power, cooling, and physical space on a recurring basis.
2. Interconnection Services: Cross-connects, peering exchanges, and network interconnection services enabling direct connections between customers and cloud providers, networks, and other enterprises.
3. Cloud Networking: Direct connections to major cloud providers including AWS Direct Connect, Azure ExpressRoute, Google Cloud Interconnect, and Oracle FastConnect, providing low-latency cloud connectivity.
4. Remote Hands and Support Services: On-site technical support services including remote hands for maintenance and management of customer equipment.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

CoreSite provides carrier-neutral colocation data center and interconnection services across 30+ facilities in 11 U.S. markets. The company rents secure cabinet, private cage, and private suite space with power, cooling, and remote hands support, and enables customers to interconnect networks and connect directly to hyperscale cloud providers via its proprietary Open Cloud Exchange platform, cross-connects, Any2Exchange peering, and native cloud onramps (AWS Direct Connect, Azure ExpressRoute, Google Cloud Interconnect, Oracle FastConnect).

Product overview

CoreSite operates as a carrier-neutral colocation data center provider and interconnection platform, offering a unified portfolio of three core product lines across 30 network-dense, cloud-enabled data centers totaling more than 4.8 million square feet in 11 strategic U.S. markets. The Colocation product provides secure, customizable physical infrastructure (cabinets, private cages, private suites) with power, cooling, and remote hands support. The Interconnection product line centers on the Open Cloud Exchange®—a proprietary Layer 2 Ethernet Virtual Circuit platform that includes Any2Exchange® peering exchanges and Blended IP internet access for direct network-to-network connectivity. The Cloud Networking product provides native, private connectivity to hyperscale cloud providers including AWS Direct Connect (400G), Azure ExpressRoute, Google Cloud Interconnect, and Oracle FastConnect. A Service Delivery Platform provides customer portal access, while the CoreSite Marketplace and Partner Program create an ecosystem of third-party technology and service providers. The portfolio is designed for hybrid IT strategies supporting AI, cloud migration, and enterprise digital transformation workloads.

Differentiator

Problem solved

Functional benefit

Brands

• Open Cloud Exchange®: CoreSite's interconnection platform that enables customers to scale their business through direct cloud and network connections.
• Any2Exchange®

Products and services

• Colocation
• Open Cloud Exchange
• Interconnection Services
• Cloud Networking
• Any2Exchange
• Blended IP
• Service Delivery Platform
• CoreSite Marketplace
• AI Industry Solutions
• Remote Hands Support
• Native 400G AWS Direct Connect
• 100Gbps Bandwidth on Cloud Exchange Platform

Quantifiable outcome

• Up to 70% cost savings on data egress fees compared to public internet transfers
• +4 more outcomes

Named customers15 records

Segments10 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature8 records

Partnerships

Nine partnerships are on record, tiered core and strategic.

• Google CloudcoreTechnology or Integration · 24 March 2026CoreSite became one of the first carrier-neutral data center operators in North America to achieve Google Gold Verified Peering Provider status, establishing dedicated and redundant private network interfaces across five major markets (Atlanta, Denver, Los Angeles, Silicon Valley, and Chicago) for simplified enterprise-grade connectivity to Google services.
• OptiCool TechnologiescoreTechnology or Integration · 18 March 2026Strategic solutions partnership to support customers deploying high-density infrastructure in CoreSite data centers. OptiCool provides advanced two-phase rear door heat exchanger cooling solutions while the companies coordinate to help customers evaluate and implement cooling strategies for increasing rack densities.
• Community IXstrategicTechnology or Integration · 26 February 2026Community IX, the largest member-run Internet Exchange Provider on the U.S. East Coast, established its Florida Internet Exchange (FL-IX) and Northern Virginia Internet Exchange (CIX-NoVA) in CoreSite's Miami and Northern Virginia facilities. This collaboration expands interconnection capabilities for ISPs, content providers, and enterprises.
• Amazon Web Services (AWS)coreTechnology or Integration · 15 January 2026CoreSite launched native 400G AWS Direct Connect at its Chicago data center campus, providing high-bandwidth, low-latency connectivity for AI and enterprise workloads. The service expansion to three CoreSite campuses enables performance-intensive workloads including AI training, inference, and agentic automation applications.
• STN, Inc.strategicTechnology or Integration · 29 October 2025CoreSite's Chicago CH2 data center hosts STN's GPU One platform with over 1,500 NVIDIA B200 GPUs built for enterprise AI workloads. The deployment supports high-density liquid cooling solutions and leverages Illinois tax incentives. The collaboration has grown from a single rack at SV7 in 2019 to multiple data center locations.
• Microsoft AzurecoreTechnology or IntegrationCoreSite offers Azure ExpressRoute connectivity enabling enterprise customers to establish private connections to Microsoft Azure cloud services from CoreSite data centers.
• Oracle CloudcoreTechnology or IntegrationCoreSite provides Oracle FastConnect access enabling customers to connect directly to Oracle Cloud Infrastructure with dedicated, private connectivity.
• Schneider ElectricstrategicStrategic or Co-development PartnerCoreSite participated in a Schneider Electric webinar positioning itself as an 'AI Sherpa' guiding customers through AI infrastructure challenges. Schneider Electric is a key partner for sustainable cooling solutions and power infrastructure in CoreSite facilities.
• NVIDIAstrategicTechnology or IntegrationCoreSite is an NVIDIA DGX Ready data center partner, offering AI infrastructure certified to support NVIDIA GPU systems for enterprise AI deployments.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Equinix: Equinix is the world's largest carrier-neutral colocation and interconnection operator with hundreds of IBX data centers globally. It is CoreSite's most direct competitor, offering an analogous platform of colocation space, cross-connects, and direct cloud onramps (Equinix Fabric, AWS Direct Connect, etc.) for enterprise and AI workloads.
• Digital Realty: Digital Realty is one of the largest global data center operators, offering colocation, interconnection (PlatformDIGITAL), and direct cloud connectivity across 300+ facilities. Like CoreSite, it targets enterprise, cloud, and AI workloads and competes head-to-head in major U.S. markets including Northern Virginia and Silicon Valley.
• Iron Mountain Data Centers: Iron Mountain Data Centers operates a national portfolio of secure, compliant colocation facilities with a focus on hybrid IT, enterprise, and government workloads. It competes with CoreSite in U.S. markets and offers similar colocation, interconnection, and cloud onramp services, particularly for regulated verticals.
• QTS Data Centers: QTS (now owned by Blackstone and partnered with GDS) is a major hyperscale and enterprise colocation operator with large-footprint campuses in CoreSite's core markets, including Northern Virginia and Chicago. It competes directly for hyperscale and AI tenant contracts with similar wholesale and retail colocation offerings.
• CyrusOne: CyrusOne is a U.S.-headquartered data center operator providing enterprise, hyperscale, and AI colocation services. It competes directly with CoreSite in markets such as Northern Virginia and is currently owned by KKR and GDS Infrastructure, offering both interconnection and cloud connectivity similar to CoreSite's Open Cloud Exchange.
• DataBank: DataBank is a U.S. data center colocation provider offering edge colocation, interconnection, and cloud connectivity services across multiple metros. It competes with CoreSite for enterprise and mid-market colocation customers and operates similar carrier-neutral facilities with cloud onramps.
• Flexential: Flexential operates a national network of colocation data centers with a strong interconnection fabric (FlexAnywhere) and direct cloud connectivity. It competes directly with CoreSite for enterprise colocation, hybrid cloud, and AI workloads across multiple U.S. markets.
• Aligned Data Centers: Aligned Data Centers is a U.S. colocation operator specializing in adaptive, high-density, and liquid-cooled infrastructure tailored for AI and HPC workloads. It competes with CoreSite's AI-ready campuses (CH2) for high-power-density AI tenant deployments.

Emerging players

• Switch (Digital Realty): Switch is a data center operator (acquired by Digital Realty) known for high-density, sustainable enterprise colocation. It overlaps with CoreSite in providing enterprise-grade colocation and AI-ready infrastructure, particularly for organizations prioritizing sustainability.

Regional players

• Telehouse / KDDI: Telehouse, a KDDI subsidiary, is a global carrier-neutral colocation and interconnection operator with a strong presence outside the U.S. (London, Paris, Tokyo). While not a direct U.S. competitor, it is structurally comparable to CoreSite for enterprise interconnection and cloud onramps, and represents the global benchmark CoreSite's platform is benchmarked against.

Market position

Weaknesses1 record

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/coresite
• Facebookfacebook.com/CoreSite
• LinkedInlinkedin.com/company/coresite

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds3 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coresite