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DataBank
DataBank CEO Raul Martynek [Photo: DataBank]
Nearly 1,000 ‘Part Owners’: Dallas Data Center Co. DataBank Launches Employee Ownership Program
by Lance Murray | Jun 26, 2025
The DataBank Employee Ownership Program "has the potential to generate a meaningful wealth-building opportunity" by providing a one-time bonus of up to 12 months compensation in addition to an employee's regular salary and benefits, the company said.
by Lance Murray |
Jan 30, 2025
DataBank—a data center company providing edge colocation, interconnection, and managed services—said the new funding resulted from "excess investor interest" in its recent $2 billion primary equity round. Total debt and equity raised by DataBank in the past 18 months: nearly $5 billion.
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by Lance Murray |
Oct 15, 2024
DataBank—which recently announced a planned 480MW data center campus south of Dallas—said the capital raise was oversubscribed and, in addition to the $1.5 billion from AustralianSuper, included another $483 million in commitments from "existing investors."
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by Lance Murray |
Sep 10, 2024
DataBank is building a 480MW data center campus in Red Oak, its third new campus announced in the past 12 months. Construction is underway, with the first phase set to be operational by the second quarter of 2026, aimed at meeting the growing demand from A.I. and cloud applications.
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A DataBank data center near Legacy Park in Plano. [Photo: DataBank]
DataBank Raises $533M to Finance New Data Center Developments
by Lance Murray | Nov 29, 2023
The Dallas-based company said the financing consists of two separate transactions: $188 million in equity raised from existing and new investors, and a $345 million construction loan for a new data center under development in the Atlanta market.
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by David Seeley |
Nov 8, 2023
Deloitte's annual ranking tracks the fastest-growing North American companies in the technology, media, telecommunications, life sciences, fintech, and energy tech sectors. See which 10 local companies made the Tech Fast 500 list—including two that cracked the Top 50.
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by David Seeley |
Aug 18, 2023
Combined, DataBank said the 7 expanded colocation facilities—which serve as "major interconnect hubs"—have added 15-plus megawatts of power and 114,000 raised square feet of floor space during the past 12 months to their existing capacities.
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by Lance Murray |
Apr 5, 2023
DataBank, a Dallas-based provider of enterprise-class edge colocation, interconnection, and managed cloud services, has secured another $325 million in financing to fund the ongoing expansion of its edge data center footprint....
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Photo: Adwoa Beauty
Follow the Money: Adwoa Beauty Raises $4M to ‘Keep Up With Demand,’ Dallas Venture Capital leads $5M in Revenue Growth Solutions Startup, and More
by Kevin Cummings | Sep 9, 2022
In this week’s North Texas deal flow, you’ll also find news about Dallas startup VRGL raising $15M six months after launching, S2 Capital’s $400M multifamily investment fund, CBRE leading $125M Series E for proptech firm VTS, CVS Health acquiring Signify Health for $8B, BenefitMall’s latest acquisition, and more.
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by David Seeley |
Aug 31, 2022
DataBank—a leader of the booming data center market, with over 65 data centers and 20 interconnection hubs in over two dozen metros—welcomed a new group of investors in the deal, led by Swiss Life Asset Management, EDF Invest, Northleaf Capital Partners, and Ardian.
"This new investor group will provide the financial backing required to continue to scale DataBank’s leading edge infrastructure platform," CEO Raul Martynek told Dallas Innovates.
"This new investor group will provide the financial backing required to continue to scale DataBank’s leading edge infrastructure platform," CEO Raul Martynek told Dallas Innovates.
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by Kevin Cummings |
Mar 8, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
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by David Kirkpatrick |
Jan 20, 2022
With the acquisitions, DataBank’s reach now includes 27 metro markets—the largest geographic footprint of any data center operator in the U.S.
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[Photo: istockphoto/wildpixel]
Follow the Money: Shiftsmart Raises $16.3M, Alto Scores $6M, BG Staffing Makes $21.6M Acquisition
by Lance Murray | Feb 6, 2020
In this weekly roundup of funding, merger and acquisition activity in North Texas, you’ll also find news from Worlds, Tricolor, Puration, Atos, Kriya Capital, Kofile, and more.
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by Lance Murray |
Jan 21, 2020
Cushman & Wakefield evaluated 1,162 data centers across 38 global markets in its just-released Data Center Market Comparison.
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by Lance Murray |
Jan 6, 2020
Colony Capital is supporting the data center provider through additional capital to potentially fund add-on acquisitions and greenfield edge data center developments.
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by Lance Murray |
Oct 3, 2019
In this weekly roundup of funding, merger, and acquisition activity involving companies with ties to North Texas, you’ll also find news from Formula Inc., Trinity Private Equity Group, PumpJack Dataworks, 1Confirmation, Harvest Returns, Interlock Partners, Goldcrest Capital, Wildcat Capital, LEG Calhoun, ECI Software, Snappy Salads, Colony Capital, Integrity Marketing Group, Nextlink, AZZ, Addus HomeCare, and Redbird Capital.
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