ANEXIO secures $8m credit facility from Bridge Bank

Desktop to data centre solution ANEXIO has received an $8m credit facility from Bridge Bank, a division of Western Alliance Bank.

ANEXIO is a desktop to data centre solution platform, designed to help businesses looking to move from IT systems to hybrid cloud infrastructures. The company operates through eight Tier III data centres, an IT solutions centre and a nationwide IP network. Offerings include colocation, networking, Cloud services, storage, disaster recovery, Managed IT and Managed VoIP.

The solution has been implemented by a range of industries including financial services, e-commerce, retail, state and local government, healthcare and education among others. For financial services the technology is used to stay compliant and secure IT solutions.

This facility will be used by the company to support business growth, as well as support the addition of additional infrastructure services to support businesses transitioning from legacy IT environments to cloud infrastructures.

ANEXIO president and CEO Tony Pompliano said, ?Bridge Bank has a broad spectrum of valuable financial solutions for high growth companies like ANEXIO. We are excited to work with Alan [Bridge Bank senior vice president] and the entire Bridge Bank team as we bring the benefits of ANEXIO mission critical infrastructure to customers everywhere.p>

Earlier this week quantum computer developer Quantum Circuits has closed an $18m Series A funding round.

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