Retrieved sources

DataBank —

https://databank.com/ [E1]
yaml
founded_year: "2005"
funding: Total funding USD 11,381,700,000; debt financing detailed below (e.g., 800.0M on 2026-06-01, 2.0B on 2026-04-01, 875.0M on 2025-11-17, 1.1B on 2025-09-01, 600.0M secondary market on 2025-01-30)
name: DataBank
headquarters:
  address: 400 S. Akard Street, Dallas, TX 75202, US
  city: Dallas
  country: United States
workforce:
  total: 1014
financials:
  revenueAnnual: 290000000
  fundingTotal: 11381700000
  fundingLatestRound:
    name: Debt financing
    date: 2026-06-01
    amount: 800000000
IT services and IT consulting including colocation, cloud and network infrastructure with enterprise data center and interconnection services.

Value Proposition & Features

DataBank provides enterprise colocation, managed cloud, interconnection, and network infrastructure designed for secure, compliant, scalable workloads. Its positioning emphasizes edge locations, cloud connectivity, and infrastructure suitable for high-performance and AI-era applications. [E1] [gautk6]
Core architecture combines data centers with carrier connectivity, cloud on-ramps, private networking, and controlled physical environments. DataBank describes colocation as an anchor for hybrid architectures because it connects private infrastructure, branch networks, partner systems, and multiple clouds. [46v1jn] [hy72q5]
  • Colocation : Secure facilities for enterprise, technology-provider, and content-provider workloads. [91atky] [gautk6]
  • Interconnection: Meet-me rooms, multiple carriers, redundant fiber entrances, and connectivity to cloud providers. [wg2pyp] [gautk6]
  • Managed cloud: Managed Cloud Services integrated with colocation and network infrastructure. [wg2pyp]
  • Network services: Internet access, SD-WAN, private connectivity, and cloud on-ramps. [hy72q5] [5fyk0p]
  • High-performance infrastructure: More than 70 HPC-ready facilities positioned for dense and AI-oriented workloads. [gautk6]
  • Security and compliance: Physical controls include staffed facilities, mantraps, CCTV, and dual-factor authentication. [wg2pyp]
  • Geographic reach: A U.S. footprint spanning more than 25 markets and 20 interconnection hubs. [gautk6]

Screenshots

No three official product screenshots were identified in the retrieved results.

Product Roadmap / Announcements

As of October 7, 2026,
  • September 22, 2026: DataBank announced Ben Lowe as CFO; current CFO Kevin Ooley is scheduled to become CEO on January 1, 2027, while CEO Raul Martynek is scheduled to become executive chairman. [gautk6]
  • September 23, 2026: DataBank highlighted DFW8, a 40.5-megawatt, three-story facility under construction in Plano, Texas, described as its first multistory data center. [iu39x1]
  • 2026: DataBank and Goodman Group formed a 50/50 joint venture for a 32-megawatt facility in Vernon, California, with phased capacity expected from December 2026 through September 2027. [91atky]
  • 2026: DataBank filed plans for Project Indo , a proposed 200-megawatt, approximately 1.1-million-square-foot campus in Cartersville, Georgia. [91atky]

Recent Developments

  • DataBank announced a leadership transition in which Kevin Ooley will become CEO and Raul Martynek will become executive chairman on January 1, 2027. [gautk6]
  • Its Plano expansion includes DFW8, a 40.5-megawatt multistory facility intended to address increasing density requirements. [iu39x1]
  • DataBank acquired the building containing its MSP2 data center in Eagan, Minnesota, strengthening ownership of its operating infrastructure. [91atky]
  • DataBank’s recent expansion and financing activity places it alongside providers such as Flexential in the U.S. data-center infrastructure market. [91atky]

History and Origin Story

DataBank was founded in 2005 and originated in the former Federal Reserve Bank building in downtown Dallas, according to a company feature recounting co-founder Jerry Blair’s historical account. [E1] [iu39x1] The company developed from an early Dallas data-center operation into a provider of enterprise colocation, interconnection, managed cloud, and network services across a national footprint. [iu39x1]

Fundraising History

Round Date Amount Lead investor
Secondary equity investment Not specified $185 million Colony Capital
Equity investment October 2024 A$2.2 billion Australian superannuation investors
Debt financing January 30, 2025 $600 million Not disclosed
Debt financing September 1, 2025 $1.1 billion Not disclosed
Debt financing November 17, 2025 $875 million Not disclosed
Debt financing April 1, 2026 $2.0 billion Not disclosed
Debt financing June 1, 2026 $800 million Not disclosed
Total — $11.3817 billion reported total —
The available materials do not provide a complete, independently verified round-by-round equity history; the reported total includes debt financing and other capital transactions. [E1] [ita3zv] [bk1w04] [rr7p4i]
Colony Capital
Edgewater Funds
Allstate
Australian Superannuation investors
The TJC

Notable Team Members

Jerry Blair is identified as a DataBank co-founder and provided historical context on the company’s origins in Dallas. [iu39x1]
Raul Martynek is DataBank’s current CEO and is scheduled to become executive chairman on January 1, 2027. [gautk6]
Kevin Ooley is DataBank’s president and current CFO and is scheduled to become CEO on January 1, 2027. [gautk6]
Ben Lowe was appointed CFO in September 2026 and will oversee finance, accounting, treasury, and capital-markets functions. [gautk6]

Market Sizing

Category, Market Size, and Category Growth

DataBank operates in the data-center infrastructure category, spanning colocation, interconnection, managed cloud, and network services. [E1] Its growth strategy is tied to rising demand for high-density and AI-capable facilities, reflected in its HPC-ready footprint, multistory construction, and large proposed campuses. [iu39x1] [gautk6]
No reliable analyst-firm market-size or category-growth estimate was found in the retrieved results.

Pricing

Tier Pricing
Colocation No public pricing
Managed cloud No public pricing
Interconnection and network services No public pricing
DataBank’s public materials describe services and facility capabilities but do not publish standardized pricing. [E1] [wg2pyp]

Revenue Trajectory Estimates

DataBank’s provided company metadata reports annual revenue of approximately $290 million and a workforce of 1,014 . [E1]

Competitive Landscape

Who it's for, who it's not for

DataBank is aimed at enterprises, technology companies, content providers, and organizations needing secure colocation, hybrid-cloud connectivity, interconnection, and scalable high-density infrastructure. [91atky] [gautk6]
It is not a natural fit for small customers seeking a simple self-service cloud account, consumer hosting, or fully standardized low-cost infrastructure without facility, network, or compliance requirements.

Viable Alternatives

  • Digital Realty : Large digital-infrastructure and data-center operator serving enterprise and cloud customers.
  • Equinix : Broad colocation and interconnection platform with extensive carrier and cloud ecosystems.
  • CyrusOne : Hyperscale and enterprise data-center provider competing for large-scale deployments.
  • CoreSite : Enterprise colocation and network-interconnection provider.
  • Flexential : Competing U.S. provider of colocation, cloud, and network infrastructure with overlapping enterprise and edge use cases. [91atky]

Competitor Table

Competitor Description
Digital Realty Global data-center and digital-infrastructure operator serving enterprise, cloud, and network customers.
Equinix Colocation and interconnection provider with extensive cloud, carrier, and ecosystem connectivity.
CyrusOne Hyperscale and enterprise data-center operator competing for large deployments.
CoreSite U.S. provider of colocation, connectivity, and cloud-interconnection services.
Flexential U.S. data-center infrastructure provider with colocation, cloud, connectivity, and edge offerings.

Sources

Sources (retrieved)

[E1] Exa.ai API response for data on DataBank