MacStadium receives IaaS credit line from Silicon Valley Bank

The leading Apple Mac hosting provider, MacStadium has received a multi-million dollar IaaS line of credit from Silicon Valley Bank, which represents the bank of the most innovative companies and their investors. The credit line has been extended to promote faster growth and to acquire Macminicolo as the Atlanta based company has shown 100 per cent growth in terms of size in the past one year.

How does MacStadium work?

Being the leading Apple Mac hosting provider focused on supplying dedicated servers and private cloud hosting solutions to software developers around the world, MacStadium provides Mac servers coupled with enterprise-class networking and security, plus an expert staff available 24×7 to provide the best remote Mac hosting solution to single developers and enterprises alike from multiple locations in North America and Europe.

MacStadium’s innovative and secure Mac hosting solution is used by more than 1,500 small and medium sized businesses and enterprise businesses worldwide with uses like CI/CD testing and iOS app development. Software developers requiring dedicated Apple Mac hardware use only MacStadium to provide remote access to thousands of Mac servers in a self-service manner to develop, test, and deploy innovative solutions. Some of the software industry’s most popular development tools use MacStadium.

Why acquire Macminicolo?

Macminicolo claims to be the oldest and most respected vendor in the commercial Mac hosting industry. It has led the way in Mac hosting since the initial release of the Apple Mac mini over 10 years back. Post acquisition, MacStadium will be able to reach a greater audience on the US west coast, supplementing a recent expansion into Dublin, Ireland in Europe. The authority and software expertise at Macminicolo will complement the enterprise-class network engineering and professional support available at MacStadium.

“We’re proud of our commitment to quality for our customers and very excited to add a great partner in Silicon Valley Bank. The number one reason for our success is the innovation and quality of the people who work at MacStadium. Joining forces with Macminicolo amplifies MacStadium’s commitment to meet every customer’s unique Mac hosting needs, both large and small. This new financing relationship with the smart and experienced team from Silicon Valley Bank will enable us to accelerate our growth plans for 2016 both in the U.S. and in our recently-launched Dublin, Ireland operation serving the EU,Middle East, and Africa,” says, Greg McGraw, CEO, MacStadium.

Abhinav Mohapatra

An author who has a keen interest for the ‘off-beat’ <!--more-->An author who has a keen interest for the ‘off-beat’, he has covered and explored multiple facets of the marketing, advertising

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