FortaTrust, a Panama-based provider of cloud computing solutions, has completed a more than R$4.2m (approximately US$2.1m) equity financing.
The round has been led by Sao Paulo, Brazil-based private equity investment firm Santerra Participacoes Ltda, with participation from other investors from Switzerland.
The company intends to use the proceeds for its continued growth initiatives.
Created in in 1999 and led by President Luciano Maiello, FortaTrust partners with technology professionals, corporations, and Internet-centric customers to develop Dedicated and Cloud Hosting, as well as custom tailored solutions.
The company has data centers in the United States and Panama, with expansion under way in South America amd Europe.