Databank Secures $325 Million Credit Facility To Finance Ongoing Expansion

Apr 05, 2023•over 2 years ago

Amount Raised

$325 Million

Dallasinformation technology & services

Investors

Td Securities

Description

DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed cloud services, announced today that it has secured another $325M in financing to fund the ongoing expansion of its edge data center footprint. Today, DataBank is the leading-edge colocation and interconnect platform with 65+ data centers in 27+ metro markets and 20 major interconnect locations.

Company Information

Company

EWR2 Data Center

Location

400 South Akard Street

Dallas, Texas, United States

About

EWR2 Data Center is a facility that houses critical infrastructure for various customers, including major educational and research institutions. It previously operated as a leased property, which has now been acquired by DataBank. The center is designed to support high-performance computing and mission-critical workloads. Its strategic location in New Jersey offers access to key network interconnection points.

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