Raul K. Martynek

Dallas-Based DataBank Gets $250M Equity Investment from TJC, Announces $600M Secondary Share Sale

by | 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.
MORE
DataBank Announces New 480MW North Texas Data Center Campus Featuring Eight Two‑Story Data Centers
by | 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.
MORE