Business
Wellington Financial Provides $8.75 Million Financing to Seattle-based Digital Fortress
Wellington Financial Provides $8.75 Million Financing to Seattle-based Digital Fortress ...
About this update from Clairvest Group Inc.
[{"type":"text","content":"\n\n\n\nWellington Financial Provides $8.75 Million Financing to Seattle-based Digital Fortress\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nWellington Financial Provides $8.75 Million Financing to Seattle-based Digital Fortress\nCanada NewsWire\nSEATTLE and TORONTO, Feb. 18, 2016\n\n\n\nSEATTLE and TORONTO, Feb. 18, 2016 /CNW/ - Wellington Financial LP, a privately-held specialty finance firm, today announced a US$8.75 million credit facility for Digital Fortress, Inc. (\"Digital Fortress\"), a prominent data center operator and cloud management provider serving the Pacific Northwest market.\n\nDigital Fortress was formed in early 2012 through the combination of two successful Seattle based data centers – Digital Forest and Fortress Colocation Centers.  Today, the company manages 63,000 square feet of space featuring a diverse-network designed to support a mix of private, public and managed infrastructure with scaling capacity to maintain data speed and access for hybrid IT organizations.  Recently, the company added cloud infrastructure management capabilities to support its clients on both Microsoft's Azure and Amazon's AWS.  \n\n\"Digital Fortress clients trust them with their mission critical infrastructure needs.  We are excited to be supporting this successful company, especially as they embark on their next stage of expansion into hybrid cloud management,\" said Mark Usher, Partner at Wellington Financial.\n\n\"This growth capital funding from Wellington Financial will allow us to continue to broaden the suite of services we provide to our valued customers,\" added Matt Gerber, CEO of Digital Fortress.  \"We are pleased to have their support and look forward to a prosperous future in partnership with them.\"\n\nAbout Wellington Financial LP\n\nWellington Financial LP is a privately-held specialty finance firm providing term, venture and amortizing loans up to $40 million. Wellington Financial LP is currently managing a $900 million investment program with offices in Menlo Park, Santa Monica and Toronto. Wellington Financial LP i...