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Silicon Valley-based wholesale data center provider Vantage has raised a US$135m revolving credit facility from a group of banks – its second round of funding after the initial $300m loand from Silver Lake.

The company’s chief marketing officer Greg Ness said the company would use the new capital to complete two on-going construction projects in Santa Clara, California, and Quincy, Washington.

“This year we’re not looking at the level of growth we had last year but rather scaling our business because we’re a much larger company than we were a year ago,” he said.

The group of lenders included the Royal Bank of Canada, KeyBank, Bank of America, Barclays Bank and UPS Finance among others.

The company is currently building out a third data center on its Santa Clara campus. The future facility will bring 13MW online, 40% of which has been pre-leased. Its other two buildings (6MW and 9MW) are both 100% leased. Once the third building is leased up, the campus will be at capacity.

In Quincy, Vantage is planning to complete the first 6MW phase around October. The building is scalable to 9MW, and there is enough space to build more. The greenfield property in Quincy measures 70 acres.