“Peak dominates a unique niche in the cloud infrastructure industry; they are the only provider that distributes cloud services exclusively through channel partners. Because of their unwavering focus, Peak has solidified a strong customer base and a high-performing solution for the global market,” said David Solomon, Managing Director of Meritage Funds. “We are delighted that our capital will enable Peak to continue to create success-based investments in response to customer demand.”
$7 million of the $16 million was received over the last several months and was used to expand Peak’s cloud node capacities in existing locations. That $7 million of funding was obtained from Meritage Funds and Sweetwater Capital. Peak’s November funding helped support key partnerships including a recently announced agreement with Telx. The funding also backs Peak’s continued demand for cloud computing services due to its unique 100% channel-centric sales and service model.
“With the additional funding, Peak is able to expand into additional markets, serve a larger client base, and expand product development,” comments Luke Norris, CEO and Founder
For more information about Peak’s infrastructure-as-a-service cloud solutions engineered for the channel, please contact sales@poweredbypeak.com or visit http://www.poweredbypeak.com.
