Quantum Loophole, Inc., an innovative developer of first-of-its-kind Gigawatt-scale master planned data center cities, today announces that the former CEO of CyrusOne, Gary Wojtaszek, has joined its Board of Directors, affirming the company’s mission and approach to data center development to meet the massive industrial size and scale required to successfully navigate today’s highly-competitive data center market.
Prior to joining Quantum Loophole’s Board of Directors, Wojtaszek served as the CEO of CyrusOne, a $12B data center technology real estate investment trust (REIT) that serves Fortune 1000 companies worldwide, including technology giants Alibaba, Amazon, Google, IBM, Microsoft, Oracle, Salesforce, and Tencent. Under Wojtaszek’s leadership, he developed the data center strategy at Cincinnati Bell, which resulted in the acquisition of CyrusOne at the time a very small regional data center provider in Texas. Wojtaszek grew CyrusOne into one of the largest global data center REITS with 45 facilities across the US, Latin America, Europe, and entered into a strategic relationship with GDS, which is the largest data center company in China. He led the REIT conversion and IPO spin-off of CyrusOne, which turned a $525M investment into a $12B company creating one of the most successful data center companies in the industry.
“I’m excited to join Quantum Loophole’s Board of Directors under the leadership of Josh Snowhorn, a pioneer and serial entrepreneur who after joining Terremark as one of the first employees, helped launch CyusOne and founded EdgeMicro before starting this current venture,” comments Gary Wojtaszek, Quantum Loophole Board Member. “The data center industry is growing quickly; however, it is under tremendous pricing pressure. Most data center designs being deployed today are too costly and inefficient and will be challenged to meet the computing power needs required to support the shift towards AI focused data centers. By contrast, Josh’s approach to building ‘data center cities’ that are ethically planned with sustainable power practices is groundbreaking. His approach of marrying massively scaled facilities with shared resource allocation should result in the lowest cost data centers in the country and I’m excited to be a part of this team, which will reshape the way data centers are planned, deployed, and managed.”
Wojtaszek joins an esteemed group of Directors and Advisors including Director Mike Benham, former energy trader with Vitol, a competitive race car driver, and Quantum Loophole Investor; Director Tom Daly, a Quantum Loophole investor, global internet infrastructure professional and advisor at Fastly; and Director Tom Natelli, CEO of privately held real estate investment and development concern, Natelli Communities and Quantum Loophole investor. In addition to the Board of Directors, Quantum Loophole’s Executive Advisory Board includes Jay Adelson, serial entrepreneur and investor known for his work founding and running game-changing companies such as Equinix, Digg, Revision3, SimpleGeo, Opsmatic, Center Electric, and Scorbit; and Craig Weick, executive director, colocation and connectivity with the CME Group.
“It is an honor to welcome Gary Wojtaszek to our Board of Directors and we very much look forward to the opportunity to work with him again. It is truly a testament to our vision of bringing a new wave of environmentally and socially responsible data centers to market through master planned data center developments delivering Gigawatt levels of critical power,” adds Josh Snowhorn, Founder, CEO and Chairman of the Board of Quantum Loophole. “It’s exciting to compile such a talented management team, and now our Board, with such esteemed experience, know-how, and enthusiasm. We are all very much looking forward to evolving the data center market by creating efficiencies and improving performance, all the while aligning our industry with best practices for sustainability and innovative technologies that will transform the industry’s approach to development for years to come.”
Founded in 2020, Quantum Loophole recently announced that it has closed a highly successful initial seed series round of funding. Houlihan Lokey is serving as the exclusive financial advisor to the company.
www.quantumloophole.com