Tag: funding
Pivot3 gets $14m infusion
October 30, 2013Martha Entwistle
AUSTIN, Texas—Pivot3's new $14 million credit facility will propel the storage provider's move into bigger deals that involve “thousands and thousands of cameras,” Olivier Thierry, Pivot3 CMO, told Security Systems News.The funds will “drive the channel partnerships” for those bigger deals, Thierry said, which in turn will create “sustained profitability [for the company], which is what we're really after.”Pivot3, which makes converged storage and compute...
CapitalSource has a new way to serve security industry
April 20, 2010L. Samuel Pfeifle
CHEVY CHASE, Md.—CapitalSource's $100 million acquisition of SBA lender MainStreet Lender is a further indication the company has significant interest in making smaller loans to the security industry.
CHEVY CHASE, Md.—CapitalSource's $100 million acquisition of SBA lender MainStreet Lender is a further indication the company has significant interest in making smaller loans to the security industry. In recent years, before CapitalSource was forced to become a bank to ride out the financial...