Pax8, a Denver, CO-based cloud commerce marketplace, received growth capital financing from HSBC.
The newly established relationship provides Pax8 with a $50m line of credit.
The company intends to use the funds to expand its business reach.
Pax8 is a cloud marketplace for IT professionals to buy, sell, and manage technology solutions. It processes one million monthly transactions. Through a community of 30,000 partners, the company provides cloud solutions to 300,000 customers and ten million end-users worldwide.
FinSMEs
08/09/2023