Infinity SDC secures £48 million of new equity funding

UK data centre operator Infinity SDC today announces it has secured a further £48 million of equity funding. This equity comes from both existing and new investors.

£30m from new investors, including £26m from two new US investors, Caxton Alternative Management LP and Wood Creek Capital Management, LLC

£18m from existing investors, including Lansdowne Partners.

Caxton Alternative Management LP is a private investment company based in New York. Wood Creek is an investment management firm with over $1.3 billion in committed capital. They are the latest to join other major investors including RIT Capital Partners Plc, the London listed investment trust chaired by Lord Rothschild, and Lansdowne Partners in supporting the company.

This equity funding, coupled with available bank debt, enables Infinity to fund the complete fit out of Slough and the remaining space at its data centres at Stockley Park and Romford. The fit out of Infinity’s data centre at iCITY on the Queen Elizabeth Olympic Park will be funded in 2015.

The scale and success of the funding round demonstrates both the attractiveness of the UK data centre market and Infinity’s proposition which includes a flexible, scalable data centre platform offering immediate availability to customers of high quality data centre capacity for all size requirements from individual racks to large scale data halls.

Stuart Sutton, CEO of Infinity SDC, said:

“I am delighted by the success of our latest fundraise. This funding from our existing investors and two new US investors represents a strong endorsement of the business and our strategy. The new funding will enable us to continue our growth and expand our range of products and services to both new and existing customers.”
 

Clumio Backtrack offers rapid, precise data recovery for DynamoDB, enhancing resilience for...
NinjaOne unveils its automated endpoint management platform on Google Cloud Marketplace, enhancing...
Tintri's VMstore is setting new standards in data management for Kubernetes, with significant...
The Optical Transport market is set to recover by 2025, driven by AI and cloud data center demands.
Civo introduces relaxAI API, offering UK organizations cost-effective and compliant generative AI...
Qodea Ltd. has acquired Beyond to enhance its presence in North America and support global clients...
LINX teams up with Megaport to enhance cloud connectivity for its members, offering seamless access...
Rackspace Technology unveils FAIR MCP Enterprise Accelerator on AWS, simplifying access to AI...