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.”
 

HashiCorp Cloud Platform (HCP) enables enterprise customers to do cloud right to increase speed,...
ManagementStudio says that the UK’s largest retail bank has migrated 14,000 desktops from Citrix...
The World Squash Federation (WSF), the international federation responsible for squash, has signed...
Acquisition enables Commvault to solve a critical cyber resilience challenge facing enterprises...
Singtel among telco partners working with Vultr to provide cloud infrastructure that reduces...
Nerdio releases new features infusing AI capabilities and streamlining management to elevate IT...
Study cites companies’ inability to gain visibility at the architecture level is blowing out...
Next generation product set provides end-to-end, digitally sovereign cloud services.