DataBank secured $250 million in equity investment from private equity firm TJC, along with an additional $600 million in a secondary share offer, capitalizing on the booming AI-driven data center market. The funding reflects growing investor confidence in companies providing high-performance compute infrastructure for enterprise clients.
The investment comes as major tech companies dramatically increase data center spending. OpenAI recently announced plans to spend at least $100 billion on U.S. data center infrastructure, while Microsoft aims to invest around $80 billion toward AI infrastructure this year. This surge in demand positions data center operators as major winners in the AI infrastructure race.
“We could not be more excited to partner with Raul, DataBank, and the other world-class digital infrastructure investors supporting DataBank’s robust growth plans. Data centers are the cornerstone of the digital transformation and artificial intelligence.”
— Eion Hu, Partner at TJC
DataBank manages over 65 data centers across more than 27 markets and has raised $5 billion in the past year and a half. The company has grown through strategic acquisitions, including Lightbound in 2018 and zColo’s assets in 2020, establishing itself as a key player in the expanding digital infrastructure sector.
Share Article
DataBank has secured a $250M equity investment from TJC and a $600M secondary share sale, following its oversubscribed $2B equity round in October 2024. The funding will support new data center developments and investor liquidity, reinforcing strong market demand for high-quality digital infrastructure driven by AI and cloud expansion.
DataBank has expanded its credit facility to $1.6 billion, accelerating data center construction and supporting over 100MW of new capacity in key U.S. markets. The green financing underscores DataBank’s commitment to sustainability and positions the company to meet growing demand while advancing its goal of carbon neutrality by 2030.
DataBank has raised $1.1 billion in its first hyperscale securitization, marking the industry’s first dual-rated data center ABS by S&P and Moody’s. The oversubscribed issuance expands DataBank’s securitized portfolio to $3.23 billion, funding growth of its U.S. hyperscale and enterprise data center platform.
Discover the DataBank Difference today:
Hybrid infrastructure solutions with boundless edge reach and a human touch.
Tell us about your infrastructure requirements and how to reach you, and one of team members will be in touch shortly.
"*" indicates required fields
Let us know which data center you'd like to visit and how to reach you, and one of team members will be in touch shortly.
"*" indicates required fields
"*" indicates required fields
