What Csquare does

Csquare (legal entity Phoenix Infrastructure LLC, formerly Centersquare Investment Management LLC and Centersquare) is a privately held data center and colocation services provider headquartered in Coppell, Texas, with 501-1,000 employees and more than 20 years of operating history. The company operates 80 advanced colocation facilities across 16 North American markets and one European market (London/Reading, UK), delivering 500+ MW of power capacity and 3.5 million square feet of space to more than 2,000 customers. It markets a 100% uptime SLA, advanced cooling for high-density AI and GPU workloads, and comprehensive compliance posture including GDPR, CCPA, and the EU-U.S. Data Privacy Framework.

The core technology stack centers on the Digital Exchange, a proprietary network fabric that serves as the interconnection platform enabling Cloud Connect to all four major hyperscalers (AWS Direct Connect, Azure ExpressRoute, Google Cloud Partner Interconnect, Oracle Cloud FastConnect), metro-to-metro connectivity, digital cross connects, and Layer 2 virtual networks. The product portfolio comprises three primary categories — Colocation (space, power, cooling), Connectivity (Digital Exchange, IP Connect with BGP and ANS tiers, Cloud Connect, Metro-to-Metro Connect, Digital Cross Connects, Virtual Networks), and Customer Care (Remote Hands, 24/7 support, dedicated account management) — supported by a self-service Customer Portal with API access and a Csquare Marketplace where 200+ ecosystem service providers offer compute, storage, and networking services.

Csquare generates revenue primarily through quote-based, multi-year enterprise contracts for colocation space, power capacity, and recurring connectivity services, with professional services revenue from Remote Hands and customer support. Go-to-market combines direct enterprise field sales (request quotes, data center tours, specialist contacts), a formal Partner Program with channel resellers, and the self-service Customer Portal. Target customer segments include AI and high-density GPU workloads, hybrid/multi-cloud deployments, business continuity and disaster recovery, security/compliance-driven colocation, and edge AI inference; named case study segments span financial services (top bank), cloud services (cloud solutions provider), and semiconductor/EDA (EDA leader).

Name

Csquare

Legal name

Phoenix Infrastructure LLC

Website

https://csquare.com

Company type

Private

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Csquare (legal entity Phoenix Infrastructure LLC) operates 80 colocation data centers across North America and Europe, providing 500+ MW of power and 3.5M square feet to 2,000+ enterprise customers via its Digital Exchange interconnection platform and Cloud Connect to all major hyperscalers.

Ownership category

akta.pro rank

Product category

Data Center Colocation

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computer Facilities Management Services (541513), Computer Systems Design and Related Services (54151)

SIC

Services-Facilities Support Management Services (8744), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Retail Colocation (Multi-Tenant Data Centers) (HDABACAA)

akta.pro secondary industries

Data Center Interconnection (DCI) & Cross-Connects (HDABALAB), Data Center Operations & Managed Services (Remote Hands, NOC/SOC) (HDABANAA), Managed Colocation & Remote Hands Services (HDABACAD)

Keywords

• Data center colocation
• Enterprise connectivity services
• High-density compute infrastructure
• Hybrid multi-cloud interconnection
• Managed data center services

Headquarters

HQ city

Coppell

HQ country

United States

HQ region

North America

Offices18 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Colocation Services: Revenue from providing physical data center space, high-density power, and cooling services. Customers lease cabinet space, power capacity, and connectivity infrastructure within Csquare's 80 data centers. Pricing is quote-based and scales with power requirements and space needs.
2. Connectivity Services: Revenue from network connectivity including Exchange Ports, IP Connect services (with BGP and ANS options), Cloud Connect to public clouds, and metro-to-metro connections. Billed as recurring services with bandwidth-based pricing.
3. Customer Care and Support: Remote Hands services and customer support for managing colocation environments, including on-site technical assistance and troubleshooting.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Csquare provides enterprise data center colocation services—scalable cabinet space, high-density power, and advanced cooling with a 100% uptime SLA—across 80 facilities in North America and Europe. Its connectivity layer, built on a proprietary Digital Exchange network fabric, offers direct private connections to AWS, Azure, Google Cloud, and Oracle Cloud, IP Connect with BGP, Metro-to-Metro Connect, and Digital Cross Connects. Complementary Customer Care and Remote Hands services, a self-service Customer Portal with API access, and a Marketplace ecosystem of 200+ providers complete the offering.

Product overview

Csquare operates a colocation and data center solutions platform with 80 advanced data centers across North America (79 locations) and Europe (1 location), providing 500+ MW of power capacity and 3.5M sq. ft. of space to 2000+ customers. The core offering is Colocation (space, power, cooling), supported by Connectivity services and Customer Care. The Digital Exchange platform serves as the interconnection hub, enabling Cloud Connect to major public clouds (AWS Direct Connect, Azure ExpressRoute, Google Cloud Partner Interconnect, Oracle Cloud FastConnect), Metro-to-Metro Connect for cross-metropolitan networking, and Digital Cross Connects for partner connectivity. IP Connect provides internet connectivity with Standard, BGP, and ANS tiers. The Marketplace platform connects customers with ecosystem service providers for compute, storage, and networking services. The Customer Portal provides web-based and API-based infrastructure management with automated provisioning.

Differentiator

Problem solved

Functional benefit

Products and services

• Colocation Scalable data center colocation services delivering cabinet space, high-density power, and diverse cooling solutions across 80 facilities for enterprises requiring reliable, SLA-backed infrastructure.
• Connectivity Network connectivity services built for low latency, high throughput, and multi-cloud/hybrid IT environments, providing access to major network providers, cloud on-ramps, and trusted service providers.
• Customer Care Customer support services from initial consultation through ongoing operation, including 24/7 assistance and dedicated account management for colocation and connectivity customers.
• Digital Exchange Platform for ordering and configuring connections with service providers, public cloud providers, and other Digital Exchange-enabled Csquare locations; handles connection provisioning and billing.
• IP Connect Internet connectivity service available in Standard, with BGP, and with Advanced Network Services (ANS) tiers, including DHCP configuration, reverse DNS, and Layer 3 routing capabilities.
• Cloud Connect Direct private connections to public cloud providers—AWS, Azure, Google Cloud, and Oracle Cloud—delivered through the Digital Exchange platform.
• Remote Hands On-site technical support team for routine IT tasks and troubleshooting, eliminating the need for customer trips to the data center.
• Csquare Marketplace Ecosystem platform connecting Csquare customers with service providers offering compute, storage, networking, and other services within Csquare data centers; service providers can create storefronts.
• Customer Portal Web-based portal for deploying, monitoring, and managing complete colocation solutions with automated provisioning, intuitive dashboards, and API access.
• Exchange Port Physical port connectivity for connecting customer infrastructure to the Digital Exchange network fabric; requires an SFP of appropriate speed and 1310 nm fiber.
• Metro-to-Metro Connect Service for extending virtual networks across two metropolitan areas, bridging Csquare infrastructure in different metro locations.
• Digital Cross Connect Virtual connections between Csquare customers and partners across the Digital Exchange network fabric at metro level, eliminating the need for physical metro circuits.

Quantifiable outcome

• 100% uptime guarantee backed by SLA
• +2 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core.

• Amazon Web Services (AWS)coreTechnology or IntegrationAWS Direct Connect integration through Csquare's Digital Exchange platform. Customers can create hosted connections to AWS with their AWS Account ID, extending their virtual network to AWS public cloud through a direct private connection.
• Microsoft AzurecoreTechnology or IntegrationAzure ExpressRoute integration through Digital Exchange. Customers connect their infrastructure to Azure using ExpressRoute circuits, enabling direct private connectivity to Azure regions.
• Google CloudcoreTechnology or IntegrationGoogle Cloud Partner Interconnect integration through Digital Exchange. Customers create Partner Interconnect circuits to connect to Google Cloud regions with private connectivity.
• Oracle CloudcoreTechnology or IntegrationOracle Cloud FastConnect integration through Digital Exchange. Customers extend virtual networks to Oracle public cloud using Oracle FastConnect service.
• Network and Technology Service ProviderscoreTechnology or IntegrationEcosystem of 200+ network and technology service providers available within Csquare data centers, providing connectivity, compute, storage, and networking services to customers.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• Vantage Data Centers: Fast-scaling hyperscale and enterprise colocation platform with 32+ campuses in North America, EMEA, and APAC; a meaningful peer in the AI/GPU high-density build cycle and a competitor for large enterprise footprint deals.
• Iron Mountain Data Centers: Public company expanding its data center portfolio (now 20+ facilities globally) targeting regulated industries and government, overlapping Csquare's BC/DR and compliance-focused customer segment.
• EdgeConneX: Specialist in edge data centers supporting AI, content, and cloud workloads with 50+ facilities globally; overlaps with Csquare on the high-density/AI and edge inference solution themes but is more focused on hyperscaler-build-to-suit deployments.

Direct peers

• Flexential: Privately held U.S. colocation provider with 40+ data centers and a Cloud Connect platform linking to AWS, Azure, Google, and Oracle; comparable to Csquare in target market (mid-market and enterprise) and interconnection-led positioning.
• QTS Data Centers (BlackRock): Acquired by BlackRock in 2021 for ~$10B, QTS operates ~75 data centers primarily in North America with focus on hyperscale and high-density colocation, a near mirror of Csquare's 80-facility, 500+ MW footprint.
• Equinix: Global multi-tenant colocation and interconnection leader with 200+ IBX data centers worldwide; offers Equinix Fabric cross-connects and direct cloud on-ramps to all major hyperscalers, the closest like-for-like competitor to Csquare's Digital Exchange model.
• CoreSite (American Tower): Acquired by American Tower in 2021, CoreSite operates multi-tenant data centers in eight U.S. markets with the CoreSite Open Cloud Exchange offering direct cloud connects, directly overlapping Csquare's Digital Exchange value proposition.
• DataBank: U.S. multi-tenant and edge colocation operator with 65+ data centers across primary and tier-2 markets; competes with Csquare particularly in secondary markets like Salt Lake City, Pittsburgh, and KC where Csquare also has secondary exposure.
• Digital Realty: Large publicly traded data center REIT operating 300+ facilities across the Americas, EMEA, and APAC; provides colocation, interconnection (PlatformDIGITAL), and direct cloud connectivity competing with Csquare in most tier-1 North American markets.

Broad incumbents

• NTT Global Data Centers: Operates 160+ data centers worldwide as part of NTT's broader IT services portfolio; a broader incumbent competing with Csquare for global enterprise contracts where NTT's full stack (cloud, managed services) bundles colocation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/csquare

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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 Csquare