SEATTLE and TORONTO, Feb. 18,
2016 /CNW/ - Wellington Financial LP, a privately-held
specialty finance firm, today announced a US$8.75 million credit facility for Digital
Fortress, Inc. ("Digital Fortress"), a prominent data center
operator and cloud management provider serving the Pacific
Northwest market.
Digital Fortress was formed in early 2012 through the
combination of two successful Seattle based data centers – Digital Forest
and Fortress Colocation Centers. Today, the company manages
63,000 square feet of space featuring a diverse-network designed to
support a mix of private, public and managed infrastructure with
scaling capacity to maintain data speed and access for hybrid IT
organizations. Recently, the company added cloud
infrastructure management capabilities to support its clients on
both Microsoft's Azure and Amazon's AWS.
"Digital Fortress clients trust them with their mission critical
infrastructure needs. We are excited to be supporting this
successful company, especially as they embark on their next stage
of expansion into hybrid cloud management," said Mark Usher, Partner at Wellington Financial.
"This growth capital funding from Wellington Financial will
allow us to continue to broaden the suite of services we provide to
our valued customers," added Matt
Gerber, CEO of Digital Fortress. "We are pleased to
have their support and look forward to a prosperous future in
partnership with them."
About Wellington Financial LP
Wellington Financial LP is a privately-held specialty finance
firm providing term, venture and amortizing loans up to
$40 million. Wellington Financial LP
is currently managing a $900 million
investment program with offices in Menlo Park, Santa Monica and
Toronto. Wellington Financial LP
is managed by a partnership controlled by fund management and
Clairvest Group Inc. (CVG:TSX), who jointly have contributed a
large financial stake to the Fund. LPs include several of
Canada's largest institutional
investors, crown corporations, financial institutions and pension
funds. Please visit the fund website at www.wellingtonfund.com.
About Digital Fortress
Digital Fortress provides managed cloud and colocation
infrastructure and services. As the largest
independently-owned data center operator in the Pacific Northwest,
Digital Fortress focuses on providing the most cost-effective
management of distributed workloads across private, hybrid and
public IT infrastructures. Digital Fortress is strategically
positioned close to top carrier hotels, peering networks, and cloud
providers to enhance hybrid IT performance and end user experience.
With more than 90% of its electricity supply derived from clean,
inexpensive hydroelectric and wind power, Digital Fortress can pass
through low cost clean energy to its customers. Hundreds of
customers rely on Digital Fortress to simplify IT infrastructure
management.
SOURCE Wellington Financial LP
