Vantage Data Centers, a Santa Clara, CA-based provider of wholesale data centers in support of business and mission-critical applications, raised additional $675M in debt and equity financing.
– more than $180m in equity capital from existing investors and
– approximately $495m in debt financing.
The company intends to use the funds to finance various growth initiatives, including the 4Degrees Colocation acquisition that closed in January and the build-out of the first data center on its second campus in Santa Clara.
Vantage Data Centers is a North American wholesale data center provider in six strategic markets: Silicon Valley; Northern Virginia; Phoenix; Quincy, Washington; Montreal and Quebec City, Canada. The company has nine operational facilities totaling 92MW of capacity and five additional facilities currently under development totaling 103MW. It provides data center solutions to hyperscale, cloud and enterprise customers.
The acquisition of 4Degrees Colocation expanded Vantage’s presence into Montreal and Quebec City, Canada, while the purchase of 50 acres of land in metro Phoenix will be home to a 160MW data center campus.