DataBank Raises $456 Million in 4th Securitization in 3 Years. Read the press release.

DataBank Announces the Acquisition of VeriSpace in Minneapolis

DataBank Announces the Acquisition of VeriSpace in Minneapolis

Acquisition drives DataBank’s expansion into a thriving new market

Dallas – March 18, 2013 – DataBank Holdings, Ltd., a leading custom data center and colocation provider based in Dallas, announced today the company’s acquisition of VeriSpace, a colocation service provider based in Minneapolis, MN. With the acquisition, DataBank enters an active new market, and brings the company’s total of data centers facilities under their management to eight.

“DataBank has been working diligently on expansion into new markets, and VeriSpace offered us the perfect vehicle,” said Tim Moore, CEO of DataBank. “VeriSpace has a strong market presence and provides service to a number of the region’s top businesses.” Moore continued, “We are continuing to execute on our plan. This first step in Minnesota gives us a great location in which to launch our expansion efforts and we will be developing additional high-quality data center capacity here, in the coming year.”

Following the acquisition of VeriSpace, DataBank now operates over 180,000 square feet of data center space in Texas and Minnesota. For additional information on DataBank’s available products and services, please visit the company web site at

About Verispace
VeriSpace is a leading provider of data center infrastructure offering secure, reliable space and high speed dedicated and Internet based communications for primary and backup data facilities, hosting or remote storage. VeriSpace currently operates a 10,000 square foot facility located in the Minneapolis suburb of Edina, Minnesota.

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About DataBank

Recognized by Deloitte as one of the fastest-growing private U.S. companies in 2023, DataBank helps the world’s largest enterprises, technology, and content providers ensure their data and applications are always on, always secure, always compliant, and ready to scale to meet the needs of the artificial intelligence era.

Our edge colocation and infrastructure footprint consists of 65+ “HPC-ready” data centers in 27+ markets, 20 interconnection hubs, and on-ramps to an ecosystem of cloud providers with virtually unlimited reach.

We combine these platforms with contract portability, managed security, compliance enablement, hands-on support, and a guarantee of 100% uptime availability, to give our customers absolute confidence in their IT infrastructure and the power to create a boundless digital future for their business.

To learn more, Follow us on LinkedIn or Subscribe to our YouTube channel. To tour a facility, visit DataBank or call 1(800) 840-7533.

Media Contacts

For Media Inquiries:

SourceCode Communications


DataBank Contact:

JP Laqueur
Senior VP, Marketing

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