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News Wire Feed: Equinix
Raises $95M - 6/16/2000 1:30:00 PM
Capital research management group leads $95 million round of financing
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REDWOOD CITY, CA -- Equinix, Inc., creator and operator of neutral IBX (Internet Business Exchange) centers, today announced that it has raised more than $95 million of additional equity funding. The investors in this latest round of financing include Capital Research Management Company, American Express Financial Corporation, Putnam Investments, Cisco Systems, Reuters, Benchmark Capital and the French investor Artemis, bringing the total amount raised by Equinix to more than $400 million.
The $95 million funding round will be used for general operating expenses, including the construction and operation of Equinix IBX centers worldwide.
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