How Much Did DataBank Raise?
Funding & Key Investors

DataBank, a prominent IT service management company, has secured significant enterprise-level funding, with its total capital raised reaching $2.2B. The company recently announced a major strategic investment of $250M, underscoring its continued growth and market expansion in the data center, cloud, and connectivity services sector. This latest financing round signals a robust investor confidence in DataBank's operational strategy and future trajectory.

What is DataBank?

DataBank
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Founded in 2005 and headquartered in Dallas, Texas, DataBank specializes in providing enterprise-class data center, cloud, and connectivity services. The company's core mission is to deliver customized technology solutions that empower clients to effectively manage risk, enhance technology performance, and maintain focus on their primary business objectives. DataBank's comprehensive service portfolio caters to businesses seeking robust infrastructure and seamless digital operations.

How much funding has DataBank raised?

DataBank has raised a total of $2.2B across 7 funding rounds:

2017

Debt

$410M

2020

Private Equity

$185M

Debt

$600M

2023

Debt

$325M

2024

Debt

$456M

Other Financing Round

$2M

2025

Private Equity

$250M

Debt (2017): $410M, investors not publicly disclosed

Private Equity (2020): $185M led by Colony Capital

Debt (2020): $600M supported by Société Générale, Natixis, CoBank, TD Securities, Truist Bank, and Regions

Debt (2023): $325M featuring TD Securities

Debt (2024): $456M, investors not publicly disclosed

Other Financing Round (2024): $2M with participation from DigitalBridge and AustralianSuper

Private Equity (2025): $250M led by TJC

Key Investors in DataBank

TD Securities

TD Securities provides a wide range of capital market products and services to corporations, governments and institutions. TD Securities works with clients around the world, and provides underwriting and distribution of new debt and equity issues, as well as advice on strategic acquisitions and divestitures, and executing daily trading and investment needs. TD Securities is a registered trademark of The Toronto-Dominion Bank.

DigitalBridge

DigitalBridge is an infrastructure investment firm specializing in digital infrastructure assets. They provide services to institutional investors. They primarily invest in data centers, cell towers, fiber networks, small cells, and edge infrastructure. DigitalBridge Group, Inc. was founded in 1991 and is headquartered in Boca Raton, Florida with additional offices in Los Angles, California, and New York New York.

AustralianSuper

Founded in 2006, AustralianSuper is one of Australia's largest superannuation industry. They offer products that can be managed by professional fund managers as well as a self management investment option and health insurance. AustralianSuper is headquartered in Melbourne.

What's next for DataBank?

The substantial enterprise-level funding and recent strategic investment indicate DataBank is poised for accelerated growth and potential market consolidation. This capital infusion is likely to fuel further expansion of its data center footprint, enhancement of cloud service offerings, and development of advanced connectivity solutions. Investors are betting on DataBank's ability to scale its operations and capitalize on the increasing demand for reliable and secure IT infrastructure, positioning the company for a significant role in the evolving digital landscape.

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Frequently Asked Questions Regarding DataBank Financial Insights

What are the most recent funding rounds that DataBank has completed, and what were the funding rounds?
DataBank has recently completed 3 funding rounds: Private Equity on Jan 30, 2025, Other Financing Round on Oct 18, 2024, Debt on Feb 15, 2024.
What is the total amount of funding DataBank has raised to date?
DataBank has raised a total of $2.2B in funding to date.
How many funding rounds has DataBank completed?
DataBank has completed 3 funding rounds.
How much funding did DataBank raise in its most recent funding round?
DataBank raised $250M in its most recent funding round.
Who are the lead investors in DataBank's latest funding round?
The lead investor in DataBank's latest funding round was TJC. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in DataBank's history?
The largest funding round in DataBank's history was $600M.
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