Mezzanine fund Escalate Capital Partners has backed Glowpoint with $6,500,000 in subordinated debt financing. Located in Murray Hill, New Jersey, the company trades on the New York Stock Exchange.
Escalate Capital Partners is pleased to announce our investment in Glowpoint of $6,500,000 Subordinated Debt Financing.
Glowpoint is a leading global provider of cloud and managed video services. The company delivers a complete portfolio of cloud managed services for end-to-end management of video conferencing and telepresence environments. Our investment supported Glowpoint’s acquisition of Affinity VideoNet, a complimentary provider of public videoconferencing rooms and managed video conferencing services to professional service organizations globally. Located in Murray Hill, New Jersey, the company trades on the New York Stock Exchange (NYSE MKT: GLOW).
Escalate Capital Partners is an institutionally backed mezzanine fund that invests in high growth companies and is an ideal partner at the critical growth phase in a company’s lifecycle, offering patient capital tailored to each company’s unique needs. Escalate Capital has built a track record as a valued and committed partner through periods of robust growth and economic uncertainty. The Escalate Capital investment team has a combined 75+ years of experience and has invested more than $2 billion in over 500 companies.
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