DayOne Launches as Independent Data Center Pioneer After $1.9 Billion Series B Funding

Deal News | Dec 31, 2024 | PR Newswire Cision DayOne Data Centers

DayOne, a leading data center pioneer, has launched as an independent entity following the completion of its Series B funding round, amounting to nearly USD 1.9 billion. Originally operating as GDS International, DayOne has established itself as an innovator in digital infrastructure across Asia-Pacific, with headquarters in Singapore. The recent funding, supported by prominent investors such as SoftBank Vision Fund and Coatue Management, has facilitated DayOne’s transition into an autonomous entity with expanded governance backed by a diverse board. New strategic board members include industry veterans Lim Ah Doo, Ken Miyauchi, and Bob McCooey. The company operates in key markets including Singapore, Malaysia, Indonesia, and Japan, utilizing a strategy that combines local expertise with a global vision to cater to the growing demands of hyperscalers and enterprises. DayOne is focused on delivering scalable, reliable, and sustainable digital infrastructure solutions, with a future-oriented approach that integrates sustainability and innovation to enhance global connectivity and digital transformation.

Sectors

  • Data Centers
  • Investment
  • Technology

Geography

  • Singapore – DayOne is headquartered in Singapore and operates extensively across the Asia-Pacific region, making it a central geography for the company's operations.
  • Asia-Pacific – The article discusses DayOne's extensive operations and market presence across various Asia-Pacific countries, including Malaysia, Indonesia, Thailand, Hong Kong, and Japan.

Industry

  • Data Centers – The article focuses on DayOne's activities in the data center sector, highlighting its launch as an independent entity and its role in providing digital infrastructure solutions.
  • Investment – The article discusses the Series B funding that DayOne has received, involving significant investments from renowned global investment institutions.
  • Technology – As a digital infrastructure provider, DayOne operates within the broader technology sector with a focus on delivering scalable and sustainable solutions.

Financials

  • USD 1.9 billion – The combined amount secured by DayOne through its Series A and Series B funding rounds.

Participants

NameRoleTypeDescription
DayOneTargetCompanyA global data center pioneer that has launched as an independent entity following its Series B funding.
SoftBank Vision FundInvestorCompanyA key investor in DayOne's Series B funding round.
CitadelInvestorCompanyInvestment firm, whose CEO Kenneth Griffin is a notable backer in DayOne's funding.
Coatue ManagementInvestorCompanyA significant investor in DayOne's funding rounds.
Baupost GroupInvestorCompanyAn investment firm involved in the Series B funding of DayOne.
William HuangChairmanPersonChairman of DayOne, overseeing its strategic direction.
Jamie KhooCEOPersonCEO of DayOne, focusing on innovation and infrastructure delivery.
Gary WojtaszekVice-ChairmanPersonVice-Chairman of DayOne and former President and CEO of CyrusOne.