MacStadium Receives $3M Debt Facility from Silicon Valley Bank

MacStadium.com, an Atlanta, GA-based Mac hosting authority and provider of Mac Pro private cloud infrastructure-as-a-service around the world, received a $3m debt facility.

Silicon Valley Bank provided the financing.

The company, which recently raised a growth capital investment from Summit Partners and Noro-Moseley partners, will use the financing for general corporate purposes.

Founded in 2012 and led by Gregory McGraw, CEO, MacStadium leverages its proprietary, patented platform and dedicated servers to provide hosted cloud solutions to iOS developers in more than 50 countries around the world. With operations in Atlanta, Georgia, Las Vegas, Nevada and Dublin, Ireland, the company serves more than 2,500 customers.

FinSMEs

14/06/2017

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