"We're very pleased to be fully funded for future growth," saysDataPipe founder and CEO Robb Allen, in a statement. "This fundingwill enable us to expand our data center facilities and enhance ourservice offerings. It's great news for our clients."

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The first priority, according to Allen, will be expansion of thecompany's data center at 200 Campus Dr. in Somerset, NJ. DataPipehas occupied the location for about a year, and the 36,400-sffacility and its site have the expansion potential for 60,000 sf.The company is also taking a look at expansion opportunities inLondon and China, Allen says.

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DataPipe has had its headquarters at 10 Exchange Pl. here justsince late 2007 when it subleased 21,000sf from Aegis Insurance and moved its head office across the townline from nearby Hoboken.

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