Retrieved sources
DataBank —
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.
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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.
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- Colocation : Secure facilities for enterprise, technology-provider, and content-provider workloads. [91atky] [gautk6]
- Managed cloud: Managed Cloud Services integrated with colocation and network infrastructure. [wg2pyp]
- 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.
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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.
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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.
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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.
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Raul Martynek is DataBank’s current CEO and is scheduled to become executive chairman on January 1, 2027.
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Kevin Ooley is DataBank’s president and current CFO and is scheduled to become CEO on January 1, 2027.
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Ben Lowe was appointed CFO in September 2026 and will oversee finance, accounting, treasury, and capital-markets functions.
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Market Sizing
Category, Market Size, and Category Growth
DataBank operates in the data-center infrastructure category, spanning colocation, interconnection, managed cloud, and network services.
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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.
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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.
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Revenue Trajectory Estimates
DataBank’s provided company metadata reports annual revenue of approximately $290 million and a workforce of 1,014 .
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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.
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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.
- 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
[gautk6] DataBank Names Ben Lowe as Chief Financial Officer [12]: Global Data Center Info | SEP 12-18, 2026 [13]: www.bisnow.com · news · nationalData Center IPO Wave Reveals A Variety Of New Strategies In... [14]: News - DataBank | Data Center Evolved [15]: What are the main components of a modern data center ...