Teraco – A Digital Realty Company
Slogan: Connect from the digital edge to the world in Africa's largest data centres
Description: Teraco, founded in 2008 and headquartered in South Africa, empowers enterprises' digital infrastructure by providing a highly secure, sustainable, and carrier-neutral colocation data centre platform. As a crucial part of the African internet’s backbone, Teraco's data centres play a vital role in the modern enterprise’s digital transformation strategy, offering access to a diverse ecosystem and world-class infrastructure. Teraco is part-owned by Digital Realty (NYSE: DLR) and a consortium of private equity investors, including Berkshire Partners LLC and Permira.
Industries: SaaS
Last Investment: ZAR11.80B Debt Financing investment at 31 January 2023
Last Investment Investors: Absa group (Bank)
Teraco's strategic positioning within the African digital infrastructure landscape, along with its partnerships with major global players such as Digital Realty, makes it a compelling investment opportunity. The recent ZAR11.80B investment from Absa Group indicates strong confidence in Teraco's potential for further growth and market leadership. As the digital economy continues to expand, Teraco's carrier and cloud-neutral colocation data centres are well-positioned to meet the increasing demands of bandwidth-hungry applications and support enterprises' digital transformation journey.Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | ZAR11.80B | 1 | Absa group (Bank) | 31 Jan 2023 |
Debt Financing | ZAR2.50B | 1 | Absa group (Bank) | 02 Feb 2021 |
Debt Financing | ZAR1.20B | 1 | Barclays Investment Bank | 14 Mar 2017 |
Debt Financing | $34.50M | 1 | Barclays Investment Bank | 27 Jan 2015 |
Series B | $6.03M | 1 | Treacle Private Equity | 13 Jul 2009 |
No recent news or press coverage available for Teraco – A Digital Realty Company.