GDS International Secures $1.2 Billion in Series B Funding, Strengthening Data Center Expansion Plans

GDS International's Series B Funding Success

GDS International (GDSI), based in Singapore, has recently made headlines by successfully completing an upsizing of its Series B funding to a substantial $1.2 billion. Initially set at $1 billion, this increase is a testament to the confidence and support that high-profile investors have in GDSI's vision and growth strategy. Notably, prominent contributors include SoftBank Vision Fund and Kenneth Griffin, CEO of Citadel, among others.

This capital influx is expected to significantly bolster GDSI's capabilities in expanding its data center infrastructure. The company aims to use the funds to develop over 1 gigawatt (GW) of total data center capacity, which is essential in today's data-driven world where the demand for reliable and scalable digital infrastructure is rapidly growing.

Jamie Khoo, GDS International's CEO, expressed enthusiasm regarding the investment, emphasizing how this funding will not only enhance their financial position but also allow them to attract reputable investors into their shareholder base. Khoo remarked, “The overwhelming support from our investors for our new Series B round enables us to expand our funding efforts significantly, reinforcing our position to innovate and implement cutting-edge digital infrastructure solutions.”

GDS International has carved out a niche for itself as a leader in data center solutions across multiple countries including Singapore, Malaysia, Indonesia, Thailand, Hong Kong, and Japan. Their high-tech facilities are designed to cater to some of the industry's most demanding companies, connecting them with their customers in ways that foster innovation and drive success.

By securing this additional capital, GDSI not only confirms its robust market position but also sets the stage for its future endeavors. The upcoming Series B funding is expected to close by the end of the year, marking a significant milestone in GDSI's expansion plans.

This strategic funding round aligns with GDSI's long-term vision of creating new data center markets and enhancing its capacity to deliver world-class digital infrastructure solutions globally. As the company looks ahead, the establishment of new facilities will facilitate its mission of supporting international clients and maintaining its footprint as a key player in the digital infrastructure sector.

For those unfamiliar, GDS International's commitment to excellence and innovation has been instrumental in shaping the landscape of data centers in Asia. With over two decades of experience, the management team has successfully developed Asia's largest data center enterprises while also pioneering new markets to meet the evolving needs of global businesses. The creation of the SIJORI region (Singapore, Johor, and the Riau Islands) exemplifies GDSI's vision to be a global hub for data centers.

As the data center demand continues to surge, the freshly acquired funding positions GDS International to stay ahead of the curve, advancing its technological capabilities while building resilient infrastructures that can adapt to the complexities of a digital-first world. Stay tuned for more updates as GDSI progresses on its journey towards building the next generation of data centers that are set to redefine industry standards and contribute to a more connected world.