Peak, the IaaS cloud provider that sells exclusively through partners, says it has raised $16 million in capital in the past 10 months.
Denver-based Peak’s most recent $9 million round comes from investing partners Meritage Funds, Sweetwater Capital and Ares Capital. The company will use it to support increasing demand for its cloud-computing platform and to fuel ongoing innovation.
“With the additional funding, Peak is able to expand into additional markets, serve a larger client base, and expand product development,” said Luke Norris, CEO and founder of Peak.
Peak offers cloud computing to VARs, distributors, agents and service providers who white-label or resell Peak’s cloud as their own solution. Peak says businesses powered by its cloud get deeper access and control of their environments, a choice of hypervisors, 100 percent SLA guarantees, and simplified “plug-in” access to Peak cloud locations via Layer 2 network protocols, versus Layer 3. Peak has cloud nodes located in eight locations across the United States and Europe.
Follow senior online managing editor @Craig_Galbraith on Twitter.
Hear how Google’s new website ranking is impacting your visibility online >> bit.ly/2zUcbar https://t.co/peWImHr7KD
December 14 2018 @ 18:50:05 UTC