IXcellerate, a leading Russian commercial data center operator, has raised about $190 million from existing shareholders and new investors, including Mubadala Investment Company (Mubadala, the sovereign wealth fund of the UAE), SberInvest and the Russian Direct Investment Fund (RDIF, the sovereign wealth fund of the Russian Federation), announced operator on Tuesday.
The company will invest in the expansion of the North and South campuses in Moscow, which will allow IXcellerate to build new facilities, increase energy intensity and operate one of the largest data center campuses in Europe. By scaling the business to the highest industry standards, IXcellerate will be able to offer customers additional capacity, maintain 99.999% service availability, and ensure better connectivity, essential for the success of digital leaders in the new economy.
IXcellerate has been operating in Russia for over 10 years. Based on its own network of world-class data centers, the operator provides colocation services, ensuring continuity and availability of services for Russian enterprises and global corporations in the face of rapidly growing demand for data processing and storage in various industries.