“Can a data center operator sustain a premium Tier 5 infrastructure brand in an era of hyperscaler dominance?”
Switch was founded in 2000 by Rob Roy as a data center operator in Las Vegas, leveraging a unique Tier 5 Platinum facility standard. The company built a colocation, telecommunications, and cloud services business, going public in 2017. Post-IPO, it was taken private by DigitalBridge and IFM Investors. Its embedded finance footprint is minimal — Thread Bank lists it as a customer, suggesting basic banking infrastructure use, but the company's core business remains physical data center infrastructure.
Switch discloses Thread Bank as its banking provider, according to the Embedded Finance Index 2026.
Switch does not disclose a bank charter of its own; its banking services are provided through Thread Bank.
Switch was founded by Rob Roy and is founded in 2000, headquartered in Las Vegas, Nevada, USA.
Switch has raised $531M+ (IPO proceeds) in total (latest round: IPO, October 2017).
Get a read on where your own stack stands against Switch and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.