Interxion Raises $278 Million

intexion

The exterior of an Interxion data center in Copenhagen.

European data center specialist Interxion has raised €200 million (about $278 million U.S.) through a sale of notes, the company said Tuesday. The senior secured notes will be guaranteed by its wholly-owned subsidiaries, and the company plans to use the funds to "repay existing indebtedness and for general corporate purposes."

Interxion didn't indicate whether the funding would support additional data center space. But the company has been actively expanding its data center footprint over the past two years, adding space in Zurich, Paris, Frankfurt and Dublin in 2009.

Headquartered in Amsterdam, Interxion serves its customers from 26 carrier-neutral data centers located in 13 cities and 11 European countries. The company offers colocation, wholesale data center services and managed hosting, giving customers a broad set of choices. Its competitors include Telecity and Equinix (IXEurope) on the colocation front and Digital Realty Trust, Global Switch and e-Shelter in the wholesale space.

While London is the key market for several of its competitors, Interxion has five facilities each in Amsterdam and Frankfurt, and four data centers in Paris.