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DataBank
DataBank CEO Raul Martynek
Dallas-Based DataBank Gets $250M Equity Investment from TJC, Announces $600M Secondary Share Sale
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.
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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by David Seeley |
Mar 4, 2024
U.S. startups received $20.6 billion in angel investments and VC funding in Q4 of 2023, according to a report by York IE. Over $730 million of that was raised by companies in the Dallas metro area—marking 195% growth over the region's average quarterly funding over the prior 12 months. Here's which 3 North Texas companies raised the most.
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[Image: Rudzhan Nagiev/istockphoto]
10 North Texas Companies Make 2023 Deloitte Technology Fast 500 List
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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by Lance Murray |
Jan 25, 2023
DataBank, the Dallas-based provider of enterprise-class colocation, interconnection, and managed services, appointed Jennifer Curry senior vice president of managed services.
“At DataBank, we recognize that data centers are the center of the connected world,” DataBank CEO Raul Martynek said in a statement....
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DataBank CEO Raul Martynek
Dallas-Based DataBank Sells 35% Stake for $1.5 Billion
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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by Maddie Preston |
Jan 14, 2022
In this week's roundup of hires, promotions, and accolades in North Texas, you'll also find news from CrossFirst Bankshares, Johnson & Sekin, DataBank, Balfour Beatty, Caspr Group, Mohr Partners, One Network, Kainos Capital, The Dallas Foundation, Denton County Transportation Authority and Indio Management.
Plus, the incoming AIA Dallas President charts a way forward for 2022 and Gov. Abbott appoints a North Texas to the Broadband Development Council.
Plus, the incoming AIA Dallas President charts a way forward for 2022 and Gov. Abbott appoints a North Texas to the Broadband Development Council.
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[Image: KrulUA via iStock]
Dallas is No. 3 Among Global Data Center Markets, C&W Study Says
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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![funding [Illustration by Solvod via iStock]](https://s24806.pcdn.co/wp-content/uploads/2018/05/Follow_the_Money-iStock-solvod-360x203.jpg)
by Lance Murray |
Dec 20, 2018
Also, you’ll find projekt202, Crow Holdings, Latticework Capital, Light LLC, Woodside Capital, DataBank, and National Teachers Associates Life Insurance Co. in this roundup of activity by companies and investors with ties to North Texas.
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