Home Politics Data Center Firm Switch Seeks $2 Billion in Funding Round
Politics

Data Center Firm Switch Seeks $2 Billion in Funding Round

Data Center Firm Switch Seeks $2 Billion in Funding Round
Key Points

Deals Data Center Firm Switch Seeks $2 Billion in Funding Round Switch Inc. is kicking off a private funding round led by Andreessen Horowitz that could raise about $2 billion, according to people familiar with the matter. The data center operator, which is majority owned by DigitalBridge Group Inc., could seek a valuation approaching $50 billion including debt, said the people, who asked not to be identified because the information is confidential. The company would have an equity value of...

Deals Data Center Firm Switch Seeks $2 Billion in Funding Round Switch Inc. is kicking off a private funding round led by Andreessen Horowitz that could raise about $2 billion, according to people familiar with the matter. The data center operator, which is majority owned by DigitalBridge Group Inc., could seek a valuation approaching $50 billion including debt, said the people, who asked not to be identified because the information is confidential. The company would have an equity value of about $19 billion not including the latest investment, the people said. [Image text:] t-scit COMPARTMENT IN FACILITY THERMAL SEPARATE
Data Center Firm Switch Seeks (ORG) Funding Round Switch Inc. (ORG) Andreessen Horowitz (PERSON) DigitalBridge Group Inc. (ORG)
Originally published by Bloomberg Markets Read original →