Quantum Loophole Raises Over $13 Million In Seed Funding

By Annie Baker ● March 6, 2021
  • Quantum Loophole — an innovative developer of first-of-its-kind Gigawatt-scale master plan data center cities — announced it has raised over $13 million in its initial round of seed funding. These are the details.

Quantum Loophole — an innovative developer of first-of-its-kind Gigawatt-scale master plan data center cities — announced 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, which solidifies Quantum Loophole’s vision for highly sustainable, environmentally-sound data center developments at scale.

Quantum Loophole was founded and led by Josh Snowhorn, an interconnection and data center industry executive who has built over $10 billion of value during his 20+ year career. And 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, and PwC.

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.

And the company’s first development project is well underway, forthcoming details planned for Q3 2021.

KEY QUOTES:

“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. 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.”

— Josh Snowhorn, founder, CEO of Quantum Loophole