Dc Blox, Leading Data Center Operator, Secures $187 Million In Financing
Mar 29, 2021•over 4 years ago
Amount Raised
$187 Million
Description
DC BLOX, a leading provider of interconnected multi-tenant data centers that deliver the infrastructure and connectivity essential to power today’s digital business, today announced that it has secured $187 million in long-term financing led by Post Road Group and Bain Capital Credit. Proceeds will be used to refinance DC BLOX’s existing credit facilities, add liquidity to DC BLOX’s balance sheet, and provide additional capital to fund continued investments in existing and new data center capacity.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech