Data Journey’s Post

Hope everyone had a good weekend! In this week’s transaction / technology news update, we’ll cover some of the key transactions that occurred this past week across North America. In Canada, deal activity featured Fable raising ~C$34mm on October 16 in a Series B funding round led by Five Elms Capital. Fable develops a product testing platform designed to engage user research and testing. The funds will be used to expand its tester community and product offerings to further its work in accessibility best practices. Moreover, SpringBoard Data Management was acquired by Nuqleous on October 17. Springboard provides analytics software in the retail space. The acquisition will bolster Nuqleous’ offerings and assist in its journey to transform retail data into actionable insights on a global scale. In the US, deal activity included WorkForce Software being acquired by ADP on October 15. WorkForce provides a cloud-based workforce management platform intended to deliver real-time insights. The acquisition expands ADP’s global offering of workforce management solutions and enables future innovation in the space. Additionally, Descartes Labs was acquired by EarthDaily Analytics via its financial sponsor Antarctica Capital through a leveraged buyout on October 15. Descartes Labs develops an image analysis platform, automating the analysis of geospatial imaging. The acquisition represents a major expansion of EDA’s earth observation offerings and provides a platform for future geospatial acquisition opportunities. The chart below showcases North American M&A activity by quarter as well as median TEV / Revenue multiples for each respective quarter. Q4 2024 continues to show strength in both valuation and deal volume. Have a great week!   #mergersandacquisitions #venturecapital #investmentbanking #privateequity #technology #technews #canadiantechnews

The data center industry is undergoing a period of rapid transformation, driven by the surging demand for cloud computing, artificial intelligence, and edge technologies. In this evolving landscape, the competitive dynamics are shaped by a combination of global technology leaders, specialized infrastructure providers, and real estate companies, each supported by substantial financial backing. Hyperscale providers such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud dominate the sector, leveraging extensive capital resources and innovative approaches to expand their infrastructure. These firms are investing heavily in sustainability initiatives, advanced cooling technologies, and strategic partnerships to enhance their operational efficiencies and reduce environmental impact. Meanwhile, colocation providers like Equinix and Digital Realty are consolidating their positions in the market, driven by investments from sovereign wealth funds and private equity firms. Recent acquisitions and expansions into emerging markets highlight the intensifying competition for global connectivity and interconnection services. Private equity and infrastructure funds are increasingly pivotal, providing the financial muscle for greenfield projects, acquisitions, and retrofits to older facilities. High-profile deals, including Blackstone’s acquisition of QTS Realty Trust Inc and the KKR purchase of CyrusOne, underscore the sector’s attractiveness as a hybrid of technology and real estate investment. Emerging players, including regional operators such as Scala Data Centers in Latin America and NEXTDC in Australia, are targeting underserved markets with tailored approaches. Their growth strategies often align with sustainability objectives, supported by green financing mechanisms like sustainability-linked loans and green bonds. The interplay between strategic capital and operational expertise is not only fueling expansion but also driving innovation and sustainability across the sector. As the demand for digital infrastructure continues to grow, the ability of operators to align with these trends will define the competitive landscape in the years to come. For more insights on the forces shaping the data center industry, explore the full analysis here: https://lnkd.in/dta-2GpY #AmazonWebServices #MicrosoftAzure #GoogleCloud #Equinix #DigitalRealty #Blackstone #QTSRealtyTrust #KKR #CyrusOne #DataCenters

It is my honor to introduce a new company that soars on Wall Street like an unreachable outline of a trading dynasty. Our passion for innovation and indomitable determination enable us to constantly push boundaries and marvel at every success. Welcome to the table of success, where only the finest stories of financial triumph are born. Analysis -  Rubrika Price: • Current price: 37.00 • Price change: +5.00 (+15.62%) Trade Volume: • 17,959,028 (significant trade volume) 52 Weekly Range: • Lowest price for 52 weeks: 0.00 • Highest price for 52 weeks: 37.00 Rating: • Shares in the 37.00 range saw significant price growth, which means increased investor interest. This may be the result of positive operating results or anticipation of new opportunities. • High trading volume indicates strong investor interest and may be a signal of further price growth. • The 52 week range shows that the share price has started its beginning in the markets. The evaluation of fundamental factors and trends together with important indicators such as the volume of trades indicates a positive development in the heading 37.00. It is advisable to carefully monitor further developments and consider investment options based on a comprehensive analysis and detailed understanding of the market. Rubrik Inc., leading data management company, made its much-anticipated debut on the stock market on April 25, 2024. The California-based tech firm, founded in 2014 in Palo Alto, specializes in data backup and cloud services management. With a platform that integrates backup, recovery, indexing, and data organization across IT environments, Rubrik has gained recognition for its innovative approach to hybrid cloud solutions and data protection. Investors eagerly watched as Rubrik's stock began trading, eager to capitalize on the company's rapid growth and strong positioning in the enterprise data management sector. Rubrik's successful IPO marked a milestone in its journey, signaling its commitment to providing cutting-edge data management and protection solutions to corporate clients. As Rubrik Inc. begins its new chapter as a public company, industry analysts and stakeholders are closely monitoring its performance and strategic initiatives in the competitive tech market. With a track record of innovation and customer-centric solutions, Rubrik is poised for further expansion and success in the ever-evolving data management landscape. Josef Anger, the CEO, Owner, and Board Member of #CNBC #Leadership #RubrikInc #IPO #DataManagement #TechCompany #CloudServices #StockMarketDebut #Innovation #HybridCloud #DataProtection #EnterpriseSolutions #TechIndustry #PaloAlto #Investing #BigData #MarketWatch #BrandManagement #BusinessGrowth  

QTS Data Centers with the backing of Blackstone is most certainly one of the largest #datacenter operators in the world. The interesting part of that is at the moment they only have 2 locations outside of the US. Looking at the data on a #Global and #Americas basis here is how they rank. Global - 10th in total Live capacity - 2nd in total Under Construction capacity - 5th in total Committed capacity - 2nd in total Early Stage projects ** Again, only 2 locations outside of the US. Americas - 7th in total Live capacity - 2nd in total Under Construction capacity - 1st in total Committed capacity - 1st in total Early Stage projects I should also note that these rankings are for all #Colocation and #Selfbuild assets.

🚀 Building for Tomorrow: Data Center Parks on the Rise! 🚀 The data center industry is just warming up for an era of expansion! Grant van Rooyen, known for Cologix, has launched a new venture, Tract, focused on building master-planned data center parks — large-scale campuses equipped with essential infrastructure and permits, ready for hyperscalers and wholesalers to build at scale. These "shovel-ready" parks meet the growing demand for capacity with projects across the U.S., including Nevada, Utah, and Virginia, totaling close to 5GW, with more planned globally. This shift highlights an exciting future where such projects will soon become a global trend. 🌎 At TSMG, we are primed to support this movement. Our expertise in constructing new data center parks, upgrading existing facilities, and collaborating with entrepreneurial data center owners aligns perfectly with this evolving industry landscape. If you have land, we can help you transform it into a data center park, supporting the world's digital infrastructure. Ready to build for tomorrow? Let's connect! Learn more at: https://lnkd.in/gPVBTY8y #DataCenters #InfrastructureDevelopment #TSMG #DigitalTransformation Source: Dan Swinhoe | Data Center Dynamics

🔔 In case you missed it In the latest #AllThingsDundas video, James Curry, Partner, breaks down our investment process and delineates the features that makes it unique. 💡 In-house research: Bias removal, robust challenge and inclusive decision-making are fundamental to our process, which is why we conduct our own research in-house, independent from external opinions. This empowers our team to uncover valuable insights and connections for better investment opportunities. 💡 Generalist team: We believe curious generalists beat narrow specialists. We do not focus on specific countries, industries, or companies, nor allocate them to a single analyst. Rather, our team looks at different areas of the market together. This allows us to identify links between various companies and industries and mitigate our personal biases, which can cloud judgment and sway decisions To learn more, watch the full video👇 https://lnkd.in/ezp3R3ss #StockPickers #InvestingWithYou #InvestmentProcess #Research

Big News from H.O.P. Technology Solutions! Wow, where do I even begin? The journey with H.O.P. Technology Solutions has been nothing short of amazing. What started as a vision to democratize access to data science and machine learning has grown into something so much bigger—something deeply rooted in equity, social impact, and creating tangible change for marginalized communities. And now, we are thrilled to announce that H.O.P. Technology Solutions is undergoing a strategic acquisition! This next chapter will allow us to expand our social impact and equity analytics work on a scale we could have only dreamed of. God has truly been good—blessings have poured into this business in ways that leave me in awe. This isn’t just about growth; it’s about aligning with partners who share our passion for using data as a catalyst for social change. Yes, you heard it—this means big moves and exciting transformations. The best part is, this is just the beginning—stay tuned for what's to come at the start of the year! But this isn’t a journey I want to take alone. I want to invite YOU to be part of this mission. If you have experience working with data from marginalized communities or want to make an impact where it matters most, let’s talk. If you’re interested in joining our board or advisory teams, I’d love to connect. We’re building something that bridges innovation with impact—proving that data isn’t just numbers; it’s a tool to rewrite narratives, empower communities, and create opportunities. Together, we can: Address disparities that have gone unchallenged for too long Leverage analytics to build pathways to equity Make meaningful change in the world—and yes, make a couple billion along the way while doing good Let’s disrupt systems, rewrite the story, and create a legacy where technology serves people, not just profits. This isn’t just a post; it’s a call to action. Let’s change the world with data—together. #SocialImpact #DataForChange #EquityAnalytics #BlessingsOnBlessings #HOPTechnologySolutions #Data #MachineLearning #TechForGood #InnovationWithImpact #EquityInTech #AnalyticsForChange #DataDrivenImpact #CommunityEmpowerment #EquityMatters #TransformativeTech #SocialInnovation #ChangeMakers #TechAndEquity #DiversityInTech #ImpactAnalytics #FutureOfData

CoreWeave’s $1.2B Data Center Expansion in NJ.. CoreWeave just announced an impressive transformation of a lab building into a data center in New Jersey, solidifying the state’s AI and tech infrastructure. Here’s what to know: 🔷 Location: Long-term lease of Building 11 at NEST, a life sciences hub in NJ. 🔷 Investment: $1.2B from CoreWeave, with an additional $50M from Onyx Capital Group Equities. 🔷 Purpose: A cutting-edge center for data processing and AI, benefiting biotech tenants on-site. 🔷 Infrastructure: Powered by PSE&G’s dual 26kV feeds and a 25MW Cogen plant. 🔷 State Support: Backed by Gov. Phil Murphy, advancing NJ’s AI and tech economy. 🔷 Global Growth: CoreWeave is on track to reach 28 data centers by end of 2024. This development marks NJ as a leading hub for AI innovation and data infrastructure and CoreWeave continue to showcase why they are one of the best. “We are incredibly excited to open a next-generation data center in CoreWeave’s home state of New Jersey” Michael Intrator #DataCenters #AI #Innovation

Data center tech provider approved for incentives to move HQ from Round Rock to Georgetown. #CRE #Comnmercialrealestate #ATX #AustinTX https://lnkd.in/gtS9FdQz

The total investments in Earth Observation over H1 2024 are estimated to be $781M, with Data and Application segments (unsurprisingly) contributing to almost all the funding raised. Companies in the Data segment, typically including EO satellite companies, had a stronger-than-expected first half of the year. Companies in the Platform segment which typically include those building EO data marketplaces, EO data management solutions and EO data processing tools raised $62.5M. The relative lack of interest in this layer can be attributed to a lack of scalable demand for EO data & analytics, unstructured public funding for platforms and the availability of custom EO solutions. Companies in the Application segment, which typically includes any company that builds products leveraging EO data had a surprisingly sluggish first half of the year, especially compared to the past few years (which is reflected in the investment trends across tech) -- While the numbers do tell a story - one that does not seem very gloomy - some things are not easy to convey with figures. The second half of 2024 may not be as good as the first half, especially in private funding even as public funding continues to grow. But, as we all know, building a sustainable Earth observation market, one that helps solve societal, economic, strategic and environmental challenges, is a long-term endeavour. The short-termers will eventually face the purge, while the long-termers will be both creating value and making an impact. For more, check out the in-depth analysis of the state of EO investments for H1 2024, exclusively for the paid subscribers of the TerraWatch Space newsletter: https://lnkd.in/ge9idhJR