Armada Raises $230 Million for Modular Data Centers, Plans Arizona Factory

Modular data center builder Armada has secured $230 million in funding, with BlackRock as a new investor, and plans to construct a new factory in Arizona in partnership with Johnson Controls.

19 May, 10:31 — 19 May, 10:31

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cnbcMostly Factual101d ago

Modular data center builder Armada raises $230 million, to build new Arizona factory with new investor Johnson Controls

Modular data center builder Armada has raised $230 million from investors at a valuation of $2 billion, with BlackRock becoming a new investor.

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Armada Raises $230 Million for Modular Data Centers, Plans Arizona Factory

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Modular data center builder Armada raises $230 million, to build new Arizona factory with new investor Johnson Controls

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