What is DataBank?
Founded in 2005 and headquartered in Dallas, Texas, DataBank operates as a comprehensive IT service management provider. The company specializes in delivering enterprise-grade data center, cloud, and connectivity solutions designed to optimize technology performance and mitigate operational risk. By offering customized technology stacks, DataBank enables its clients to streamline their core business objectives while maintaining high availability and security standards. The firm's market position is defined by its extensive footprint in the digital infrastructure space, serving as a backbone for organizations requiring reliable, scalable, and secure IT environments.
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 TD Securities, Truist Bank, Natixis, CoBank, Regions, and Société Générale
Debt (2023): $325M featuring TD Securities
Debt (2024): $456M, investors not publicly disclosed
Other Financing Round (2024): $2M with participation from AustralianSuper and DigitalBridge
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.
AustralianSuper
Founded in 2006, AustralianSuper is one of Australia's largest superannuation funds, managing significant assets for members and participating in large-scale infrastructure investments.
DigitalBridge
DigitalBridge is an infrastructure investment firm specializing in digital infrastructure assets, including data centers, cell towers, and fiber networks, providing critical support for the digital economy.
What's next for DataBank?
With the recent strategic investment, DataBank is poised to accelerate its expansion efforts and enhance its service portfolio. The company's lifecycle stage, characterized by major enterprise-level funding, suggests a focus on aggressive infrastructure development and potential market consolidation. Future growth will likely center on the integration of advanced edge computing capabilities and the expansion of its data center footprint to meet the burgeoning requirements of cloud-native enterprises. By maintaining strong relationships with institutional backers, DataBank is strategically equipped to navigate the complexities of the digital infrastructure market while delivering sustained value to its stakeholders.
See full DataBank company page