{"id":"8feea65c-f6ff-4b28-9db3-e115fc7b944a","name":"Iron Mountain Data Centers","slug":"iron-mountain-data-centers","description":"Iron Mountain Data Centers is the colocation and hyperscale business unit of Iron Mountain Incorporated (NYSE: IRM), the Boston-headquartered records-management giant founded in 1951 that has spent the last decade repositioning as a hybrid physical-and-digital infrastructure REIT. The data-center arm operates a 1.4 GW portfolio across roughly 24 facilities in North America, EMEA and Asia-Pacific, anchored by large hyperscale campuses in Northern Virginia, Phoenix and Frankfurt and a fast-growing India footprint acquired through the Web Werks joint venture.\n\nThe unit's origin traces to the 2017 acquisition of IO Data Centers' US business for about $1.3 billion, followed by the 2021 majority investment in India's Web Werks. Iron Mountain Data Centers positions itself as a compliance-heavy operator serving federal, financial and life-sciences enterprise workloads alongside its growing book of hyperscale cloud and AI-training capacity. Because it sits inside a diversified REIT, the segment does not disclose standalone funding rounds; growth is financed through parent-level debt, equity and green bonds.\n\nUnder EVP & General Manager Mark Kidd, the segment has become the fastest-growing line in Iron Mountain's Project Matterhorn strategy, with management guiding to more than 1 GW of additional leased-and-under-construction capacity as customer demand pivots toward large-block AI leases.","status":"private","founded":0,"hq":"Undisclosed","hqLat":7.6130084,"hqLng":5.248172,"hqGeocodedAt":"2026-08-23T21:27:20.091Z","hqAddress":null,"hqPrecision":null,"website":"https://ironmountaindatacenters.com","fundingTotal":null,"type":"brain","roles":["data_center_operator"],"reviewStatus":"reviewed","heatIndex":54,"lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://www.ironmountain.com/data-centers","title":"Iron Mountain Data Centers - corporate site","publisher":"Iron Mountain"},{"url":"https://www.ironmountain.com/about-us/leadership","title":"Iron Mountain Leadership","publisher":"Iron Mountain"},{"url":"https://en.wikipedia.org/wiki/Iron_Mountain_(company)","title":"Iron Mountain (company)","publisher":"Wikipedia"}],"keyFacts":[{"label":"Headquarters","value":"Undisclosed"},{"label":"Status","value":"private"},{"label":"Type","value":"brain"},{"label":"Parent company","value":"Iron Mountain Incorporated (NYSE: IRM), a Boston-headquartered S&P 500 REIT","sourceUrl":"https://en.wikipedia.org/wiki/Iron_Mountain_(company)"},{"label":"Portfolio capacity","value":"1.4 GW leased-and-under-construction across three continents","sourceUrl":"https://www.ironmountain.com/data-centers"},{"label":"Facilities","value":"~24 data centers: 12 in North America, 5 in EMEA, 7 in APAC","sourceUrl":"https://www.ironmountain.com/data-centers"},{"label":"Founding year (parent)","value":"1951 (Iron Mountain Inc.); data-center unit formed 2013, scaled by 2017 IO Data Centers acquisition","sourceUrl":"https://en.wikipedia.org/wiki/Iron_Mountain_(company)"},{"label":"HQ","value":"Boston, Massachusetts","sourceUrl":"https://en.wikipedia.org/wiki/Iron_Mountain_(company)"},{"label":"2024 parent revenue","value":"US$6.15 billion (Iron Mountain Inc. consolidated)","sourceUrl":"https://en.wikipedia.org/wiki/Iron_Mountain_(company)"},{"label":"Marquee campus","value":"Northern Virginia (Manassas / VA-1-VA-3) plus Phoenix AZ-P1 (former IO flagship)","sourceUrl":"https://www.ironmountain.com/data-centers"},{"label":"India platform","value":"Web Werks joint venture (majority-owned since 2021) covering Mumbai, Pune, Delhi-NCR, Chennai, Bangalore, Hyderabad","sourceUrl":"https://www.ironmountain.com/data-centers"},{"label":"Anchor acquisition","value":"IO Data Centers US business acquired for ~$1.3B in 2017","sourceUrl":"https://en.wikipedia.org/wiki/Iron_Mountain_(company)"},{"label":"Customer profile","value":"Hyperscale cloud and AI providers plus compliance-heavy enterprise, government and financial-services tenants; Akamai named on corporate site","sourceUrl":"https://www.ironmountain.com/data-centers"},{"label":"Public listing","value":"NYSE: IRM (REIT structure)","sourceUrl":"https://en.wikipedia.org/wiki/Iron_Mountain_(company)"}],"aliases":[],"collisionRisk":"low","reviewNote":"SCOPE-REVIEW: Off-axis entity (data center/crypto/investment/telecom/energy) — not core physical AI","atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"tickerSymbol":null,"stockExchange":null,"secCik":null,"revenueUsd":null,"revenueBasis":null,"revenueAsOf":null,"employeeCount":11150,"employeeCountBasis":"Total Iron Mountain Inc. employees per 2024 annual report; the data-center segment is a subset and is not broken out publicly.","employeeCountAsOf":"2024-12-31T00:00:00.000Z","marketCapUsd":null,"marketCapAsOf":null,"marketCapSource":null,"createdAt":"2026-08-18T03:17:48.883Z","updatedAt":"2026-08-27T22:33:17.072Z","jsonLd":{"@context":"https://schema.org","@type":"Organization","@id":"https://registry.deploy.report/companies/iron-mountain-data-centers","url":"https://registry.deploy.report/companies/iron-mountain-data-centers","name":"Iron Mountain Data Centers","description":"Iron Mountain Data Centers is the colocation and hyperscale business unit of Iron Mountain Incorporated (NYSE: IRM), the Boston-headquartered records-management giant founded in 1951 that has spent the last decade repositioning as a hybrid physical-and-digital infrastructure REIT. The data-center arm operates a 1.4 GW portfolio across roughly 24 facilities in North America, EMEA and Asia-Pacific, anchored by large hyperscale campuses in Northern Virginia, Phoenix and Frankfurt and a fast-growing India footprint acquired through the Web Werks joint venture.\n\nThe unit's origin traces to the 2017 acquisition of IO Data Centers' US business for about $1.3 billion, followed by the 2021 majority investment in India's Web Werks. Iron Mountain Data Centers positions itself as a compliance-heavy operator serving federal, financial and life-sciences enterprise workloads alongside its growing book of hyperscale cloud and AI-training capacity. Because it sits inside a diversified REIT, the segment does not disclose standalone funding rounds; growth is financed through parent-level debt, equity and green bonds.\n\nUnder EVP & General Manager Mark Kidd, the segment has become the fastest-growing line in Iron Mountain's Project Matterhorn strategy, with management guiding to more than 1 GW of additional leased-and-under-construction capacity as customer demand pivots toward large-block AI leases.","identifier":"8feea65c-f6ff-4b28-9db3-e115fc7b944a","address":"Undisclosed","publisher":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"verified","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":3,"primary_source_types":["knowledge-base"]}}}