Skip to main content

Equinix, Inc.

Founders

Who Founded Equinix?

Jay Adelson, Al Avery · Founded 1998 · HQ today: Redwood City, California

Who founded Equinix?

Equinix was founded by Jay Adelson, Al Avery in 1998. It is now led by Adaire Fox-Martin.

Founders
Jay Adelson, Al Avery
Founded
1998
Headquarters
Redwood City, California
Number of founders
2
Current CEO
Adaire Fox-Martin (since 2024)
Where was Equinix founded?
Equinix was founded in Redwood City, California in 1998.
When was Equinix founded?
Equinix was founded in 1998.
Who started Equinix?
Equinix was founded by Jay Adelson and Al Avery.
How old is Equinix?
Equinix is 28 years old as of 2026.

Founding Story

Jay Adelson and Al Avery worked at Digital Equipment Corporation's Palo Alto Internet Exchange in the 1990s and saw that rival carriers were reluctant to exchange traffic in buildings owned by competitors. They founded Equinix in 1998 around a carrier-neutral idea, opening early exchange facilities including Ashburn, Virginia, and took the company public in 2000.

Background

Network architect and early internet pioneer.

Role at Equinix, Inc.

Jay Adelson co-founded Equinix in 1998. Working at early internet service providers, he recognized that the rapidly growing internet was bottlenecked because rival telecom networks refused to connect efficiently. He envisioned and built the first 'carrier-neutral' data centers—physical buildings where rival networks could securely plug into each other, effectively building the physical intersections of the internet.

Jay Adelson was born in 1970 in Detroit. Education: Boston University; Boston University College of Communication.

Jay Steven Adelson was born on September 7, 1970. His career also includes Netcom, Digital Equipment Corporation's Palo Alto Internet Exchange, Revision3 and Digg. He founded Opsmatic in 2013, which New Relic bought in 2015, and co-founded Center Electric in 2014.

Background

Facilities manager and data center pioneer.

Role at Equinix, Inc.

Al Avery co-founded Equinix in 1998 alongside Adelson. He was absolutely critical in designing the intense physical security, redundant power systems, and specialized cooling architecture required to convince paranoid, highly competitive tech and telecom companies to place their most sensitive servers in a shared, third-party building. (Exact birth year remains publicly undisclosed).

Equinix, Inc.: CEO & Leadership History

Full timeline →

Adaire Fox-Martin

CEO and President

2024 – Present

Under her leadership monthly recurring revenue grew double digits for three straight quarters through Q2 2026.

Olivier Leonetti

Chief Financial Officer

2024 – Present

As CFO, he manages the incredibly complex debt structure of the $80 billion real estate empire, optimizing tax efficiencies and global asset allocation.

Charles Meyers

Executive Chairman (former CEO)

2018 – 2024

As CEO until 2024 (when he became Executive Chairman), he successfully navigated the severe macroeconomic pressure of rising interest rates, heavily shifting the company toward highly lucrative bare-metal and digital services.

Keith Taylor

Former Chief Financial Officer

2008 – 2026

Serving as CFO for over 15 years, he secured the tens of billions of dollars in debt financing required to execute Equinix's aggressive, non-stop global acquisition spree (buying TelecityGroup, Metronode, etc.).

Keep researching Equinix

Who Founded Equinix? FAQ

Who founded Equinix and what inspired its establishment in 1998?

Equinix was founded in 1998 by Jay Adelson and Albert (Al) Avery, two former Digital Equipment Corporation (DEC) network engineers. They recognized that the rapid expansion of the public commercial internet required neutral, secure, and strong physical interconnection points where competing network carriers could hand off IP traffic without relying on proprietary telco switches.

What is the origin and meaning behind the name 'Equinix'?

The name 'Equinix' was coined by co-founders Jay Adelson and Al Avery as a portmanteau representing three foundational principles of their data center vision: EQUality (neutrality among all carriers), INternet (the core digital network), and eXchange (the physical transfer point of IP packets).

Where did the founders open Equinix's first data center facility?

The founders opened Equinix's first International Business Exchange (IBX) data center in Ashburn, Virginia (DC1) in 1999, followed shortly by a facility in Newark, New Jersey (NY1) and San Jose, California (SV1), establishing the original physical hubs for global internet traffic.

How did the founders raise initial venture capital to build early data centers?

Jay Adelson and Al Avery secured early venture capital financing from premier Silicon Valley venture firms, including Benchmark Capital, New Enterprise Associates (NEA), and Cisco Systems, raising over $200 million prior to taking the company public on the NASDAQ in August 2000.

What technical innovations did Jay Adelson and Al Avery introduce in early IBX facilities?

The founders pioneered redundant power and HVAC architectures (N+1 and 2N configurations), advanced biometric physical security access controls, and standardized Meet-Me Rooms (MMRs) where diverse telecom operators could interconnect via structured central cross-connect patches.

What subsequent ventures did co-founder Jay Adelson pursue after Equinix?

After helping establish Equinix, Jay Adelson went on to co-found several prominent technology and media companies, including social news aggregation platform Digg (with Kevin Rose), early video platform Revision3 (acquired by Discovery Communications), and SimpleGeo, while serving as an active technology investor and advisor.

What engineering background did co-founder Al Avery bring to Equinix?

Al Avery was a senior network systems engineer who spent years managing large-scale enterprise network infrastructures and WAN routing topologies. His technical expertise in optical networking, physical layer redundancy, and facility cooling formed the engineering baseline of the Equinix IBX design.

How has the founders' original vision for Equinix evolved into today's cloud ecosystem?

The founders' original vision of carrier-neutral internet traffic exchange has scaled directly into today's multicloud interconnect architecture. The same neutral physical meet-me rooms that initially interconnected competing telecom networks now interconnect enterprise workloads with global hyperscale cloud, AI, and SaaS platforms.

Who founded Equinix?

It was founded by Jay Adelson and Al Avery. They convinced massive early venture capitalists (like Benchmark) that the internet would physically collapse if there wasn't a secure, neutral physical location for competing telecom monopolies to "peer" (exchange traffic) with each other.

Related Founder Profiles

Compare founding stories, origins, and entrepreneurial journeys

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.