Friday January 10, 2014 0 commentsDENVER - Peak (formerly PeakColo), an enterprise class IaaS cloud provider for channel partners, announced it has secured $4 million in new financing from its current investment group, Meritage Funds and Sweetwater Capital.
The funding will support key partnerships including a recently announced agreement with Telx, a provider of global interconnectivity and data center solutions. The investment will also support Peak's continued demand for cloud computing services due to its unique channel-centric sales and service model, the company said.
Peak offers cloud computing to its large ecosystem of value-added resellers, distributors, agents and service providers who white label - or re-sell - Peak's cloud as their own solution.
The company has cloud nodes in Denver, Chicago, New Jersey, New York, Atlanta, Silicon Valley and the UK.
"By securing additional funding, Peak manifests its destiny by expanding into additional markets coast-to-coast, and serving a larger client base," said Luke Norris, Peak founder and CEO.
"With our patented technologies, we ar helping companies realize the many benefits of enterprise cloud computing more readily and more economically."
Peak said it has experienced more than 430 percent growth over the last two years.