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Saragon Launches to Serve Growing Demand for Colocation

Barchart·08/19/2026 14:58:14
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Saragon, a new U.S. data center company aiming to serve the growing demand for colocation, high-density computing and AI inference infrastructure, has begun operations with 10 data centers. Backed by up to $1 billion in committed capital from I Squared Capital, Phoenix-based Saragon plans to scale rapidly through investment in its existing footprint, customer-led expansion and additional acquisitions.

The launch follows I Squared’s acquisition of 10 data center facilities from Cogent Fiber, LLC, a subsidiary of Cogent Communications Holdings, Inc. The portfolio spans Chicago, Atlanta, Phoenix, Los Angeles, Kansas City, Baltimore, Houston, Nashville, and Stockton with approximately 53 megawatts of installed power capacity and 259,000 square feet of colocation space. 

“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 Saragon CEO Steve Orlando. “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.”

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