What is DataBank?
Founded in 2005 and headquartered in Dallas, Texas, DataBank operates as a critical provider of enterprise-grade data center, cloud, and connectivity services. The company distinguishes itself by offering customized technology solutions that enable clients to mitigate operational risk, optimize technology performance, and maintain focus on core business objectives. By maintaining a high-availability infrastructure, DataBank serves as a foundational partner for organizations requiring secure and scalable digital environments. Its market position is characterized by a blend of physical data center assets and sophisticated managed services, positioning it as a vital node in the modern digital economy.
How much funding has DataBank raised?
DataBank has raised a total of $2.2B across 7 funding rounds:
Debt
$410M
Private Equity
$185M
Debt
$600M
Debt
$325M
Debt
$456M
Other Financing Round
$2M
Private Equity
$250M
Debt (2017): $410M, investors not publicly disclosed
Private Equity (2020): $185M led by Colony Capital
Debt (2020): $600M supported by CoBank, TD Securities, Natixis, Société Générale, 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
TJC
TJC LP is a private equity investment firm that acquires and develops businesses in partnership with management teams, with a strong emphasis on long-term value creation, portfolio performance, and responsible ownership.
DigitalBridge
DigitalBridge is an infrastructure investment firm specializing in digital infrastructure assets, primarily investing in data centers, cell towers, fiber networks, and edge infrastructure.
AustralianSuper
AustralianSuper is one of Australia's largest superannuation funds, managing significant capital for institutional growth and long-term investment returns.
What's next for DataBank?
The recent infusion of capital is expected to accelerate DataBank's strategic initiatives, particularly in the expansion of its digital infrastructure footprint. As the demand for edge computing and high-performance cloud services continues to surge, DataBank is well-positioned to leverage its latest financing to enhance its service delivery capabilities. Future growth will likely focus on deepening its portfolio of connectivity solutions and potentially exploring new geographic markets. By aligning with sophisticated investment partners, the company is reinforcing its long-term value creation strategy, ensuring it remains at the forefront of the IT service management landscape while navigating the complexities of enterprise-level digital transformation.
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