CODi, Inc., a Harrisburg, PA-based provider of laptop computer carrying cases and mobile computer accessories to Fortune 500 companies, has received a subordinated debt financing from NewSpring Mezzanine Capital.
As stated by James Bland, CEO of the company, “NewSpring’s support will help fuel our continued expansion and growth in the years to come“.
Founded in 1992, CODi initially designed and sold laptop computer carrying cases specifically for the corporations and their mobile professionals. In 1996, the company opened domestic production facilities through a separate, commonly owned corporation. Today it also offers mobile computing accessory lines, including security locks, wireless mice, port replicators and power adaptors.
Commenting on the financing, Steve Hobman, NewSpring General Partner, said: “We are happy to be in a position to support CODi as they continue to scale and strengthen their position as a market leader in the mobile computing accessory marketplace“.
FinSMEs
13/07/2011