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DataBank

DataBank

Private
Dallas, TexasAI, Data & Cloud Infrastructurehttps://www.databank.com/

Last Round

Debt

Jun 15, 2026

Est. Valuation

$6.23B

Total Funding Raised

$9.96B

Momentum

Top 25%

of companies Caplight tracks

Company Overview

DataBank is a data center and colocation services company that provides enterprise-class data center, cloud, and interconnection services.

Sector

AI, Data & Cloud Infrastructure

Verticals

Cloud Infrastructure, Edge Computing, Data Protection, Compliance

Business Model

B2B

Customer Profile

Usage-Based SaaS, Subscription SaaS, Services & Consulting

AI Layer

Infrastructure

Keywords

colocationdata centermanaged serviceshybrid cloudinterconnectionedge computingAI infrastructurehigh-performance computingHPCcarrier-neutral data centercolocation providerIT infrastructure managementdata center providerFedRAMP compliancelow-latency infrastructurebare metal cloudhyperscale data center

Historical Pricing

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Caplight Momentum Score

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DataBank Comparables

Compare DataBank with similar companies based on industry and business-model similarity.

DataBank comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
American Tower Corporation
83%
Flexential
83%
QTS Data Centers
83%

DataBank Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtJun 15, 2026
DebtJun 15, 2026
DebtApr 21, 2026
DebtSep 24, 2025
SecondaryJan 30, 2025
Private Equity
Oct 15, 2024

Key People

Founding team and executive leadership

Me To low

Chief Executive Officer

Executive Team

Kevin Ooley

President & CFO

Executive Team

Joe Minarik

Chief Operating Officer

Executive Team

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 21, 2026

    $2.0B debt round led by MUFG Bank.

  • Apr 7, 2026

    Launching a 32MW facility in Los Angeles via joint venture.

Recent news

Latest coverage and updates

  • hiresSep 22, 2026

    DataBank Inc. hired Ben as finance chief on Sep 23rd '26.

  • hiresSep 22, 2026

    DataBank Inc. hired Ben Lowe as Chief Financial Officer on Sep 22nd '26.

  • expands_facilitiesSep 15, 2026

    DataBank Inc. expanded facilities to Texas, United States, Northern America, Americas on Sep 15th '26.

  • invests_into_assetsSep 15, 2026

    DataBank Inc. invested into assets: campus in the amount of $425M in Red Oak, Texas, United States, Northern America, Americas on Sep 1st '24.

  • expands_facilitiesSep 1, 2026

    DataBank Inc. expanded facilities to Orangeburg, South Carolina, United States, Northern America, Americas on Aug 31st '26.

DataBank Filings

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DataBank filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Firmographic Details

HeadquartersDallas, Texas
Employee Range722
Year Founded2005
Last FundingJun 15, 2026

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