A recent financing by DataBank breaks new ground in financing data center growth, and may help colocation and edge computing specialists raise capital using strategies previously limited to hyperscale deals.
Vantage Data Centers has raised $1.25 billion in equity funding from its current investors, led by Digital Colony. The funding reinforces the value proposition of building wholesale data center space for hyperscale customers, including the leading players in cloud computing and online commerce.
Some of the world’s largest investors are raising billions of dollars to invest in digital infrastructure, citing extraordinary demand for capital to fuel the shift to a data economy.
Investors are looking to build broad-based portfolios of digital assets, including data centers, telecom towers, fiber and antennas. Recent examples include Digital Colony’s deal for Zayo Group, and American Tower’s entry into colocation.