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News Stories (20 Results) - Cloud Computing

Aria Systems secured a $90 million investment from Goldman Sachs Asset Management Private Credit (Goldman Sachs). The capital will be used to accelerate global business expansion and deepen Aria’s penetration in strategic target markets, including... Read Story
August 16, 2021, 06:00 AM

I.D. Systems, Inc., a provider of enterprise asset management and Industrial Internet of Things (IoT) technology, and Pointer Telocation a leading provider of telematics and mobile IoT solutions, have entered into a definitive agreement whereby I.D.... Read Story
March 18, 2019, 07:31 AM

Pareteum Corporation, a rapidly growing global cloud software communications platform company with a mission to connect every person and every(thing)™, announced that it has closed a $50 million committed senior secured credit facility with Post Road... Read Story
February 27, 2019, 08:00 AM

Super G Capital  provided $2 million in financing to a cloud-based media monitoring and intelligence platform with contracted, recurring revenue. The Company had a line of credit as well as a term loan in place with a Bank. Due to lender fatigue and... Read Story
February 14, 2019, 07:22 AM

Carbonite, Inc., a cloud-based data protection provider, and Webroot Inc., a cybersecurity company, announced that they have entered into a definitive agreement under which Carbonite will acquire Webroot for approximately $618.5 million in cash.... Read Story
February 08, 2019, 09:00 AM

MTBC, a provider of revenue cycle and cloud-based healthcare IT solutions, announced that Silicon Valley Bank has increased its secured line of credit, which is currently untapped, to $10 million to support future growth. "In the year since we... Read Story
September 24, 2018, 07:09 AM

DataBank Ltd., a provider of business solutions for data center, cloud, connectivity, and managed services, announced the placement of an additional $25 million upsize to its existing senior secured first-lien Term Loan B.  The incremental Term Loan... Read Story
August 31, 2018, 07:07 AM

Cloud storage provider Tintri, Inc. announced that it filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Tintri will continue to operate its... Read Story
July 12, 2018, 07:14 AM

Model N, Inc.  and certain of its subsidiaries entered into a Credit Agreement by and among the Company, Wells Fargo Bank, National Association, as Administrative Agent,, and the lenders party thereto, pursuant to which the Lenders extended a term... Read Story
May 10, 2018, 07:08 AM

Fusion, a provider of cloud services, announced that on May 4, 2018, it closed its previously-announced acquisition of the Cloud and Business Services business of Birch Communications Holdings, Inc. The acquisition was completed through a merger of a... Read Story
May 07, 2018, 07:09 AM

Wells Fargo Supply Chain Finance, a division of Wells Fargo & Company, completed a $33 million credit facility for Penguin Computing, Inc., a supplier of high performance computing (HPC), enterprise data center and cloud solutions. The credit... Read Story
March 29, 2018, 07:30 AM

Avidbank Specialty Finance, a Division of Avidbank that specializes in technology and asset-based lending, has provided $7.5 million in credit facilities to Zumasys, Inc. The facilities include a working capital line of credit and term debt that will... Read Story
February 13, 2018, 07:10 AM

Upland Software, Inc., a provider of cloud-based Enterprise Work Management applications, announced a credit facility with Wells Fargo Capital Finance and CIT Bank, N.A. as joint lead arrangers, and including Goldman Sachs Bank USA, Regions Bank, and... Read Story
August 07, 2017, 07:24 AM

Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $70 million syndicated credit facility to existing client Alert Logic, a leader in Security-as-a-Service solutions for the cloud. Proceeds from the facility... Read Story
June 21, 2017, 07:13 AM

Green House Data, a provider of cloud hosting, colocation, hybrid IT, and managed services received a new $16,000,000 credit facility from Post Road Group, a privately held investment firm based in Stamford, CT. This capital infusion along with its... Read Story
May 18, 2017, 07:19 AM

Internap Corporation, a provider of high-performance Internet infrastructure including Colocation, Cloud, and Network Services, announced that it closed on $325 million in new credit facilities to complete its senior secured debt refinancing in an... Read Story
April 11, 2017, 07:47 AM

DigitalOcean, the simplest cloud computing platform built for developers, has secured a $130 million credit facility to continue its mission of building a next generation cloud for scaling startups and software defined businesses. KeyBanc Capital... Read Story
April 15, 2016, 08:07 AM

Wellington Financial LP, a privately-held specialty finance firm, today announced a $8.75 million credit facility for Digital Fortress, Inc. ("Digital Fortress"), a prominent data center operator and cloud management provider serving the Pacific... Read Story
February 19, 2016, 07:32 AM

CapitalSource, a division of Pacific Western Bank, provided an additional loan facility to Evolve IP.  Serving again as administrative agent and lead arranger, CapitalSource upsized the existing Evolve IP facility by $14.7 million to  $42.2... Read Story
August 25, 2014, 07:44 AM

Endurance International Group Holdings, Inc., a provider of cloud-based platform solutions designed to help small and medium-sized businesses succeed online, announced the successful refinancing and expansion of its first lien term loan facility and... Read Story
November 27, 2013, 07:21 AM