DayOne Seeks $1 Billion Investment for Global Data Center Expansion Push
Data center operator DayOne is reportedly seeking to raise $1 billion in new funding to accelerate its global expansion strategy. The Series C round could value the former GDS International unit at $4-5 billion as it expands beyond APAC markets.
Major Funding Round for Data Center Expansion
APAC data center operator DayOne is reportedly seeking to raise approximately $1 billion in a new funding round to fuel its expansion beyond the Asia-Pacific region, according to sources familiar with the matter. The company, which recently became an independent entity, is said to be tapping both new and existing investors for the Series C round.