DataBank

Dallas Metro Ranks as America’s No. 3 Fastest-Growing Startup City

by | 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.
MORE
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 Appoints Industry Veteran as SVP of Managed Services

by | 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. “Jennifer brings the expertise required to ensure our services are at the top of the class in answering the ever-evolving needs of our customers....

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

DI People: JCPenney, 7-Eleven, Recode Therapeutics, Hawkeye, PCCI, and Others Make Moves

by | 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.
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 [Illustration by Solvod via iStock]

Follow the Money: PHAZR Exits, Spectral MD Gets $1M, Merck Buys Antelliq

by | 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.
MORE