Funding round
Vantage Data Centers Growth
Reported as "Growth Equity"
Vantage Data Centers, which works in data center campus wholesale in Denver, raised $6.40B in a Growth round announced on 31 Jan 2024, led by DigitalBridge and Silver Lake. 2 firms took part. It is Vantage Data Centers' first venture round on record.
$6.40B
Amount raised
Not disclosed
Post-money valuation
2
Investors
2 leads
Valuation
What this round says about the price
Vantage Data Centers did not disclose a valuation in this round. It is Vantage Data Centers' first venture round on record, 14 years after it was founded in 2010. It is 33% of the $19.20B Vantage Data Centers has raised in the venture rounds on record. Vantage Data Centers raised again 5 months later: a Growth round of $9.20B in Jun 2024.
Vantage Data Centers' funding rounds
Vantage Data Centers has 4 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
DigitalBridge and Silver Lake led the round.
Lead investors
- backs 4 venture-backed companies new investor
- Silver Lake backs 44 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion and scaling operations.
- Geographic expansion
- Scaling operations
Comparable rounds
How it compares
8 Growth rounds in Data Solutions within a year either side disclosed an amount; the median was $41M, and this round was 158 times the median. The closest in time, other companies' Growth rounds in Data Solutions:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Data Solutions | 23 Jan 2024 | $41M | not disclosed | Elephant |
| Data Solutions | 31 Dec 2023 | $35M | not disclosed | not named |
| Data Solutions | 2 May 2024 | $40M | not disclosed | Columbia Capital |
| Data Solutions | 9 Sep 2023 | $11M | not disclosed | not named |
| Data Solutions | 13 Jun 2024 | undisclosed | not disclosed | Borgman Capital |
| Data Solutions | 11 May 2023 | $23M | not disclosed | Marshall Wace and Safeguard Scientifics |
| Data Solutions | 14 Nov 2024 | $100M | not disclosed | not named |
| Digital Edge Data Solutions | 6 Jan 2025 | $1.60B | not disclosed | not named |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Vantage Data Centers raise in its Growth round?
Vantage Data Centers raised $6.40B in its Growth round, announced in Jan 2024.
Who led Vantage Data Centers' Growth round?
DigitalBridge and Silver Lake led it.
What was Vantage Data Centers' valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Data Solutions?
8 Growth rounds in Data Solutions within a year either side disclosed an amount; the median was $41M, and this round was 158 times the median.
Did Vantage Data Centers raise again after this round?
Yes: a Growth round in Jun 2024 of $9.20B.