GDS International Secures $1.2 Billion in Series B Funding Round

GDS International, a prominent data center company headquartered in Singapore, has successfully expanded its Series B convertible preferred equity issuance from an initial $1 billion to $1.2 billion. This increase was driven by significant investments from major players, including SoftBank Vision Fund and Citadel CEO Kenneth Griffin. The fundraise positions GDSI to further develop its infrastructure, aiming to add more than 1 GW of total data center capacity. The conclusion of this funding round is anticipated by year-end, enabling GDSI to accelerate expansion into new data center markets and advance its digital infrastructure offerings across multiple Asian countries. According to GDSI's CEO, Jamie Khoo, the substantial investor support underscores the strength of GDSI's vision and strategy. GDSI is a leader in developing advanced and scalable digital infrastructure, serving industry giants with innovative and reliable solutions across Asia. Its leadership team is highly experienced, with over two decades in the sector, signifying their capability to drive business growth and foster innovation. The expansion marks a significant milestone as GDSI continues to fortify its position as a cornerstone of digital infrastructure in Asia and beyond.