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Upstate Startup Community
NEXT, UCAN, and The Iron Yard
2006 – NEXT
High Tech Companies, 132 Members
2008 - UCAN
Angel Network – 30+ Companies, ~$10M
2009 – NEXT Innovation Center
60,000 sqft, 27 Companies
2010 – Cowork / Railside
Coworking for Designers and Devs
2011 – Accelerator
39 companies, $50M+ raised
2011 - Grok
Designer and Developer Conference
2011 – VC Visits
3 day event to show the area resources
2012 - CoderDojo
Software and Electronics Classes for Kids
2013 - Academy
Intensive Code School
The Iron Yard Expansion
Spartanburg, Charleston, Columbia & Beyond
Immedion’s
Perspective
Frank Mobley
April 23, 2014
13
About Immedion
Immedion is SC and Western NC’s premier data center and
Cloud services provider, offering outsourced IT infrastructure
services and solutions that help lower costs, maximize internal
resources and keep valuable information technology secure and
available 24x7x365.
Founded in 2006
Data center locations in Greenville, Columbia,
Asheville, and North Charleston
Approximately 30k sq ft of data center space
Services Set
Cloud Services (Infrastructure as a Service)
Colocation and network services
Managed IT (Server management, data backup, network
security, custom solution development)
 Migration to the Cloud
 20+ companies from onsite physical infrastructure to
hosted Cloud and Hybrid Cloud
 Primarily small and medium enterprises (up to $20MM)
 Larger enterprises are deploying private Clouds
 Intense focus on data security
 HIPAA and PCI regulations
 Staying out of the news
 Increased sales activity
 “Get me out of the computer room
business”
 “I need a secondary / DR site”
14
What We are Seeing
15
Immedion Market Comparisons
Contributing Factors to Upstate Dominance
 60% of Immedion management team is based in Greenville
 Controller and Marketing Director are in Columbia
 Greenville site was first facility of its type in SC
Jan-08
May-08
Sep-08
Jan-09
May-09
Sep-09
Jan-10
May-10
Sep-10
Jan-11
May-11
Sep-11
Jan-12
May-12
Sep-12
Jan-13
May-13
Sep-13
Jan-14
Market Growth
Greenville Columbia Asheville Charleston
0%
10%
20%
30%
40%
50%
60%
AVL CAE CHS GSP
Sales by Market as a % of Total
2013 2014 Combined
 Unique value proposition – multiple sites
interconnected with high speed fiber
 Networking and collaboration opportunities
 NEXT
 Innoventure
 GSATC / Tech After 5
 Innovision
 Charleston Digital Corridor
 Competitive, dependable power
 Talented and committed staff
 Solid investors
 Comporium (Rock Hill)
 Home Telecom (Monks Corner)
16
Leading Contributors to Success
17
Primary Challenges
1. Acquisition and Retention of Talent
 Unique combination of hands-on technical and customer-facing
skills
 Entry-level IT staff willing to work shifts
2. Customer Acquisition
Thank You!

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Upstate Startup Community Growth and Innovation 2006-2014

  • 1. Upstate Startup Community NEXT, UCAN, and The Iron Yard
  • 2. 2006 – NEXT High Tech Companies, 132 Members
  • 3. 2008 - UCAN Angel Network – 30+ Companies, ~$10M
  • 4. 2009 – NEXT Innovation Center 60,000 sqft, 27 Companies
  • 5. 2010 – Cowork / Railside Coworking for Designers and Devs
  • 6. 2011 – Accelerator 39 companies, $50M+ raised
  • 7. 2011 - Grok Designer and Developer Conference
  • 8. 2011 – VC Visits 3 day event to show the area resources
  • 9. 2012 - CoderDojo Software and Electronics Classes for Kids
  • 11. The Iron Yard Expansion Spartanburg, Charleston, Columbia & Beyond
  • 13. 13 About Immedion Immedion is SC and Western NC’s premier data center and Cloud services provider, offering outsourced IT infrastructure services and solutions that help lower costs, maximize internal resources and keep valuable information technology secure and available 24x7x365. Founded in 2006 Data center locations in Greenville, Columbia, Asheville, and North Charleston Approximately 30k sq ft of data center space Services Set Cloud Services (Infrastructure as a Service) Colocation and network services Managed IT (Server management, data backup, network security, custom solution development)
  • 14.  Migration to the Cloud  20+ companies from onsite physical infrastructure to hosted Cloud and Hybrid Cloud  Primarily small and medium enterprises (up to $20MM)  Larger enterprises are deploying private Clouds  Intense focus on data security  HIPAA and PCI regulations  Staying out of the news  Increased sales activity  “Get me out of the computer room business”  “I need a secondary / DR site” 14 What We are Seeing
  • 15. 15 Immedion Market Comparisons Contributing Factors to Upstate Dominance  60% of Immedion management team is based in Greenville  Controller and Marketing Director are in Columbia  Greenville site was first facility of its type in SC Jan-08 May-08 Sep-08 Jan-09 May-09 Sep-09 Jan-10 May-10 Sep-10 Jan-11 May-11 Sep-11 Jan-12 May-12 Sep-12 Jan-13 May-13 Sep-13 Jan-14 Market Growth Greenville Columbia Asheville Charleston 0% 10% 20% 30% 40% 50% 60% AVL CAE CHS GSP Sales by Market as a % of Total 2013 2014 Combined
  • 16.  Unique value proposition – multiple sites interconnected with high speed fiber  Networking and collaboration opportunities  NEXT  Innoventure  GSATC / Tech After 5  Innovision  Charleston Digital Corridor  Competitive, dependable power  Talented and committed staff  Solid investors  Comporium (Rock Hill)  Home Telecom (Monks Corner) 16 Leading Contributors to Success
  • 17. 17 Primary Challenges 1. Acquisition and Retention of Talent  Unique combination of hands-on technical and customer-facing skills  Entry-level IT staff willing to work shifts 2. Customer Acquisition

Editor's Notes

  1. ip and national/international marketsConfidential monthly meetings
  2. ip and national/international marketsConfidential monthly meetings
  3. 50 memebers31 investments$8.4M invested
  4. World class talent workingFreelancerslocal startupsRemote employees for startups around the country
  5. 15 different VCs each yearShow off TIY & the area’s best 5-6 other companies that might need capitalShow off the area resourcesIntroduce key leaders and demonstrate they’re willingnes to partner
  6. free180 kidsHundreds on waitlists