DataBank

DataBank Raises $533M to Finance New Data Center Developments

by | 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.
MORE
10 North Texas Companies Make 2023 Deloitte Technology Fast 500 List
by | 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.
MORE
DataBank Completes Data Center Expansions in Dallas, 5 Other Cities
by | 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.
MORE
DataBank Secures Another $325M in Financing to Expand Edge Data Center Footprint
by | 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....

MORE

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 | 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.
MORE
Dallas-Based DataBank Sells 35% Stake for $1.5 Billion
by | 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.
MORE
Follow the Money: Blue Star Invests in Payments Unicorn, Ryan Scoops Up Property Tax Firm in All-Local Deal, and TPG Co-Leads $160M Investment in Video Game Developer
by | 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.
MORE
Dallas-Based DataBank Acquires Four Houston-Area Data Centers From CyrusOne for $670M
by | 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.
MORE
funding

Follow the Money: Shiftsmart Raises $16.3M, Alto Scores $6M, BG Staffing Makes $21.6M Acquisition

by | 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.
MORE
Data center
Dallas is No. 3 Among Global Data Center Markets, C&W Study Says
by | Jan 21, 2020
Cushman & Wakefield evaluated 1,162 data centers across 38 global markets in its just-released Data Center Market Comparison.
MORE
DataBank investment
DataBank Receives $185M Investment from Colony Capital
by | 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.
MORE
funding
Follow the Money: Energy Spectrum Seeks $1.3B, Boxcart Raises $245K, DataBank Makes Acquisition
by | 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.
MORE