AI-assisted, human-published

01/01/2025 /Technology

DayOne Launches as Independent Data Center Pioneer Following Series B Funding

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AI-assisted, human-published

DayOne, a prominent global data center pioneer, has officially established itself as an independent entity after successfully securing series B funding. The company, previously known as GDS International (GDSI), was founded in 2022 and is based in Singapore. It has played a significant role in driving digital transformation and enhancing regional connectivity across Asia-Pacific and beyond.

 

The rebranding as 'DayOne' reflects the company's commitment to entrepreneurial spirit, customer focus, innovation, and growth. DayOne recently completed a series B funding round, raising approximately USD $1.9 billion, with support from notable investors like SoftBank Vision Fund, Kenneth Griffin, CEO of Citadel, Coatue Management, and Baupost Group. The funding has enabled DayOne to operate as an autonomous entity, with enhanced corporate governance and strategic board leadership. Notably, the company has appointed experienced industry leaders to its board, further strengthening its governance and decision-making processes. DayOne's chairman expressed confidence in the company's vision, emphasizing its role in setting new industry standards and driving sustainable innovation.

 

With operations in key markets such as Singapore, Malaysia, Indonesia, Hong Kong SAR, and Tokyo, DayOne combines local expertise with a global vision to meet the demands of hyperscalers and enterprises. The company's focus on innovation, sustainability, and customer-centric solutions sets it apart. Looking to the future, DayOne aims to leverage digital infrastructure to fuel economic transformation and global connectivity while prioritizing sustainability and advanced technology. DayOne is positioned to drive innovation and empower industries worldwide. Read the full press release here.

 

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