MacStadium, a global provider of Apple Mac hosting, colocation, cloud hosting and Infrastructure-as-a-service (IaaS) solutions, founded in 2012, has closed $ 1 million in series a equity funding from a providential private investor. Funding 2014 provides debt and equity of the total funding of the company to $ 2.2 million. Morris, Manning & Martin, LLP, represented the company in the transaction.
This latest infusion of venture capital will be used to accelerate the growth of MacStadium in Europe and the Asia-Pacific region from the first quarter of 2015 and to improve further development activities of relevant for the core of Apple IaaS and cloud deployments, VMware. MacStadium currently offers developers access to its network organized in over 40 countries worldwide.
Funding was acquired after the presentation MacStadium highlighted the Venture Atlanta, an annual event where top technology innovators Georgia meet investors in the forefront of the country.
new Council members
"Many software developers and applications require Mac-centric environment for testing and design that can be managed and accessed worldwide via the cloud, "said Greg McGraw, CEO of MacStadium . "By expanding in Europe and Asia Pacific, we can place servers hosted geographically closer to this region and to reduce the loss of network latency in half or more, resulting in greater efficiency of the testing and real dollar savings. "
MacStadium also announced two new members of the board. They include Jeffery Jones , co-founder and CEO of Apto Solutions , a global provider of IT asset disposal, and R. Will Brooks , CFA, CLU and associated with Brooks Schussler Company , a financial consulting firm where it is responsible for the evaluation and negotiation of real estate transactions of more than $ 100 million.
Before launching Apto, Jeffery Jones has held key leadership positions for World Access and Telephone.com where he was responsible for all aspects of company activities and financing activities, and help the company raise more than $ 5 million in private equity funds. Jones also qualified in mergers and acquisitions, case management business and international transactions.
Will Brooks previously was president and co-founder of Security Check , a payment processing company start-up that was sold for over $ 15 million. He is a member of CFA Institute and National Association of evaluation analysts .
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