DataBank, a Dallas, TX-based supplier of enterprise-class edge colocation, interconnection, and managed companies, introduced a $250M fairness funding from TJC and a $600M secondary share providing.
The brand new funding resulted from extra investor curiosity within the $2B major fairness spherical introduced in October 2024, and introduced the overall debt and fairness raised up to now 12 months and a half to almost $5 Billion. Members within the secondary share buy acquired shares from present buyers.
Led by CEO Raul Ok. Martynek, DataBank helps enterprises, expertise, and content material suppliers guarantee their knowledge and purposes are all the time on and able to scale to satisfy the wants of the substitute intelligence period. It combines its platforms with contract portability, managed safety, compliance enablement, hands-on help, and a assure of 100% uptime availability, to offer its prospects confidence of their IT infrastructure.
FinSMEs
30/01/2025
