# Teraco Data Environments (Pty)

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/teraco-data-environments-pty

- Industry: Business Support Services
- Headquarters: Johannesburg, South Africa
- Website: www.teraco.co.za
- Total disclosed funding: $24M
- Latest round: Series C (Jun 2, 2011)
- Investors on record: 4

## About

Teraco Data Environments, based in South Africa, provides carrier-neutral colocation services designed to facilitate enterprise digital transformation and enhance connectivity options for its clients.Teraco Data Environments specializes in colocation services that enable clients to securely house their IT infrastructure. Founded in 2008 in Johannesburg, South Africa, the company has successfully completed 8 deals. In March 2024, Teraco transitioned from the Permira V fund to the Permira Continuation Fund II, with financial terms undisclosed. Its leadership includes CEOs Jan Hnizdo and Lex Van Wyk. The company has raised a total of USD 1,700.00 mn, with the latest funding round being a TRADE SALE amounting to USD 1,700.00 mn and involving investors like Digital Realty Trust, Inc.Teraco is a leading provider of carrier-neutral colocation services in Africa, offering robust data centre environments that support enterprise digital transformation. Their primary services include colocation, allowing clients to house servers and networking operations within Teraco’s secure facilities. The Africa Cloud Exchange (ACX) provides superior connectivity options, enabling seamless interconnection to a vast ecosystem of local and international cloud service providers. Teraco serves a diverse clientele, including enterprises optimizing hybrid and multi-cloud infrastructures, telecom operators, and managed service providers, primarily in the sub-Saharan African market.Teraco generates revenue through its subscription-based colocation services and connectivity solutions. Clients typically enter into long-term contracts to lease space within Teraco's data centres, with varying service tiers based on connectivity needs and power consumption. The pricing structure accommodates businesses of all sizes, from startups to large enterprises, while partnerships with cloud service providers enhance its service offerings. The revenue model is supported by a commitment to high uptime and stringent security standards, essential for maintaining customer trust and satisfaction.Teraco plans to leverage its recent funding from the TRADE SALE completed in March 2024 to enhance its service offerings and expand its market presence. The company is strategizing the launch of new products aimed at improving their colocation and connectivity solutions, with specific details on release dates to be announced. Additionally, Teraco is targeting expansion into new geographic regions to broaden its operational footprint in the African continent.

## Funding rounds

- Series C, Jun 2, 2011, $12M — Treacle Private Equity, Marlow Capital, IFC Asset Management Company, Pentangle Group
- Series B, Jul 13, 2009, $6.1M — Treacle Private Equity, Marlow Capital, Pentangle Group
- Series A, Jul 24, 2008, $6.1M — Treacle Private Equity, Marlow Capital, Pentangle Group

## Investors

- Treacle Private Equity (https://capitalatlas.ai/funds/treacle-private-equity) — Series A, Series B, Series C
- Marlow Capital (https://capitalatlas.ai/funds/marlow-capital) — Series A, Series B, Series C
- Pentangle Group — Series A, Series B, Series C
- IFC Asset Management Company (https://capitalatlas.ai/funds/ifc-asset-management-company) — Series C