Armada, a developer and manufacturer of modular, relocatable data centers has raised $230 million in a new funding round to boost production capacity to meet demand and strengthen its balance […]
Leviathan. Photo: Armada
Armada, a developer and manufacturer of modular, relocatable data centers has raised $230 million in a new funding round to boost production capacity to meet demand and strengthen its balance sheet. The oversubscribed Series B ground was co-led by Overmatch, BlackRock and 8090 Industries, and includes participation from Johnson Controls [JCI], which has entered a framework agreement with Armada for data center production and the establishment of a dedicated factor in Arizona, the San Francisco-based startup said on Tuesday. The…
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