Led · Equity · Jan 2020

DataBank operates large data center campuses and is expanding its roughly 300-acre Red Oak campus south of Dallas. At full buildout the Red Oak site is planned to include eight two-story data centers, each offering about 200,000 square feet of data center space; the fourth building will add approximately 60 megawatts of IT capacity. The company serves hyperscale, cloud and enterprise customers and is pursuing growth through both development and acquisitions. DataBank has secured significant project financing for Red Oak, including $2 billion in April and an additional $650 million announced in this financing round, bringing total loan commitments for the campus to $2.65 billion. The firm also added an $800 million revolver to support capital expenditures and corporate needs, strengthening its capital structure for continued expansion. Dallas remains a leading data center market, supporting demand for DataBank’s capacity growth.

Led · Series B · Mar 2018

Fly Blade operates a digitally enabled short-distance aviation network, coordinating flights across helicopters, amphibious seaplanes, turboprops and jets sourced from third-party operators. The company services 22 core routes in seven states, including the New York City area, Eastern Long Island, the New Jersey Coast, Connecticut, the Cape, Los Angeles, Palm Springs and Orange County. It is in its third year of offering seasonal scheduled BLADEone jet service between New York and Miami using a 16-person retrofitted jet harmonized with helicopter flights to enable Manhattan departures and arrivals. Fly Blade does not own or operate aircraft; its fleet is provided by 29 operators across the U.S. The company plans to use the new financing to expand schedule depth on core routes, accelerate rollout of new markets and strengthen the BLADE brand. Concurrent partnerships with Airbus Helicopters include customer and operator technology solutions, co-branding of Airbus Ride in Dallas and joint exploration of an intra-city helicopter service for an international market. Flyblade is a NYC-based digitally powered short-distance aviation company that lets customers privately charter helicopters, seaplanes, or jets via an iPhone or Android app. The service is active on routes connecting Nantucket, Manhattan, Westchester, Boston, Hyannis and other Cape destinations including Cape May, Spring Lake, Long Beach Island, Ocean City, and Margate. Flyblade also operates passenger lounges in New York City, Miami, and Massachusetts. Led by CEO Rob Wiesenthal and Steve Martocci, the company leverages a technology platform to facilitate on-demand short-haul private flights. It recently expanded service to Nantucket, Boston and Hyannis and intends to use new funds to continue expanding operations. Financial details of the Series A were not disclosed in the article.