Black Lotus Secures $6M Initial Debt Facility

BlackLotusBlack Lotus, a San Francisco, CA-based provider od Distributed Denial of Service (DDoS) attack mitigation services, secured a $6m initial debt facility.

East West Bank provided the funds.

Led by Arman Khalili, CEO, Warren Dewar, CFO, Black Lotus provides DDoS mitigation solutions that enable service providers and enterprises to protect their networks against DDoS attacks and to offer DDoS protection as a service.

The company will use the financing to scale the presence, capacity, and resiliency of its DDoS mitigation capabilities and launch international locations (initially in Amsterdam within the next month).

FinSMEs

07/04/2014

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