IFC Invests Another $35 Million Into Brazil’s Odata
By Dan Swinhoe
International Finance Corporation (IFC) has invested a further $35 million into Brazilian data center firm OData.
“To support OData’s accelerated growth we have a great partner, IFC, that approved another tranche of investment in the amount of $35 million focused on our operation in Mexico,” the data center company said on LinkedIn this week.
The contribution will be used to finance the construction and operation of a second data center in Querétaro, Mexico. Sumitomo Mitsui Banking Corporation is reportedly also part of the financing.
Photo courtesy of Victor Camilo.