|By Marketwired .||
|June 9, 2014 11:43 AM EDT||
NEW YORK, NY and BOULDER, CO -- (Marketwired) -- 06/09/14 -- DH Capital, LLC ("DH Capital"), an investment banking firm serving companies in the Internet infrastructure, communications and SaaS sectors, is pleased to announce that it served as financial advisor to Infrascale, a leader in cloud-based data protection solutions, in its recently closed $16.3 million Series B round of funding, led by new investor Carrick Capital Partners ("Carrick").
"DH Capital's advice and assistance throughout this process was crucial in completing the transaction with Carrick Capital Partners. We recognize the value of partnering with an advisor like DH Capital that truly knows the sector, and we look forward to working with them again in the future," said Ken Shaw, Jr., CEO of Infrascale.
"Ken and his team are doing a wonderful job building the premier cloud-native platform that securely provides backup, disaster recovery and archiving from a single pane of glass, anywhere and on any connected device," said Townsend Devereux, Partner of DH Capital. "With this strategic investment from Carrick, Infrascale is poised to accelerate its go-to-market strategy as well as pursue strategic acquisitions that expand the company's product lines, such as the recently completed Eversync Solutions purchase."
Infrascale offers the most complete cloud platform for data protection in the industry. Infrascale's platform delivers backup, disaster recovery, archive and collaboration with military-grade security. Headquartered in El Segundo, California, Infrascale's cloud platform runs from 11 data centers on five continents. Infrascale's platform powers over 1,000 independent cloud service companies, VARs and MSPs. Visit www.infrascale.com or follow them on Twitter at @Infrascale for more information.
About DH Capital, LLC
DH Capital is a private investment banking partnership serving companies in the Internet infrastructure, communications, and SaaS sectors. Headquartered in New York City with offices in Boulder, Colorado, the firm's principals have extensive experience and proven abilities in capital formation, finance, research, business development, and operations. DH Capital provides a full range of advisory services to companies and financial institutions, including mergers and acquisitions, private capital placements, financial restructuring, and operational consulting. DH Capital has completed 108 M&A transactions and private capital placements totaling more than $8.6 billion in value. For additional information about DH Capital, please visit our website at www.dhcapital.com.
About Carrick Capital Partners
Carrick Capital Partners is an investment firm that utilizes ABV (Approach to Building Value) to operationally scale fast growing businesses that provide technology-enabled services. Carrick adds value by taking a concentrated approach and dedicating significant resources post-investment. Carrick helps scale great companies that deliver significant returns for investors, stimulating economic growth and positively impacting the industry landscape. Working directly with CEO's and entrepreneurs, Carrick fulfills a vital need for investment and growth expertise. For more information, please visit www.carrickcapitalpartners.com.
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