Series-A investors participated in this second round with one new investor, Guy Willner, co-founder and CEO of IXEurope (now Equinix Europe) who recently joined Teraco¹s board.
About 65% of the funding, making up the bulk of the investment, was provided by Treacle Private Equity a majority black owned South African private equity group. This brings Teraco¹s black ownership up to 31%.Monday, July 13, 2009
Teraco Data Raises $6 Million
Teraco Data Environments Ltd., a provider of vendor-neutral colocation facilities in South Africa, has raised R50 million (US$6m) in Series B funding. Return backer Treacle Private Equity led the round, and was joined by Guy Willner, co-founder and CEO of IXEurope.
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