Reported 3 days ago
Data centre operator DayOne, affiliated with China's GDS Holdings, is seeking to raise over $1 billion in a series C funding round to support its growth in Southeast Asia and Europe. Previously known as GDS International, DayOne is valued between $4 billion and $5 billion before new investments, with current backers including major investment firms and Middle Eastern sovereign funds. The firm operates independently from GDS and has plans for extensive data centre capacity across various strategic locations.
Source: YAHOO