Water treatment company Gradiant has closed a Series E financing round, valuing the company at $2 billion.

The company said that it will use the financing to support its expansion globally, with particular focus on the data center market.

Gradiant has not disclosed how much money it raised in the round. DCD has contacted the company requesting further details.

– Gradiant

The financing was led by Safar Partners and Hostplus Superannuation Fund, with participation from ClearVision Ventures and other global investors. The exact figure raised was not disclosed.