Constant, a West Palm Beach, Florida-based creator of a cloud computing and bare metal platform, closed a $150m credit facility from J.P. Morgan and Bank of America, including a $25m uncommitted expansion option to accommodate future growth.
The company will use the additional capital to expand its global presence of automated cloud infrastructure to serve its customer base, further solidifying its leadership position in the independent cloud provider market.
Founded by David Aninowsky and led by CEO J.J. Kardwell, Constant provides Vultr, a cloud computing platform for developers to deploy, flexible, scalable cloud computing and bare metal worldwide.
Vultr serves over 1.3 million customers across 185 countries. More than 40 million cloud servers have been launched on the Vultr platform, across nearly every country in the world.