Carpathia Hosting, the leading provider of complex, compliant managed hosting and cloud services for government agencies and enterprises, has announced a US$71 million credit facility to support growth initiatives, including investments in sales and marketing, global expansion and the recently announced IBX Vault data centre in Dulles, Va. The credit facility is a strong endorsement of the company's track record and significant growth prospects.

"We continue to execute our plan to deliver the most comprehensive managed hosting and cloud services portfolio to our customers globally," said Peter Weber, CEO of Carpathia. "Coupled with the continued support of Spire Capital, this credit facility provides more resources for us to respond to the demands of our prospects and customers as we strive to extend our leadership position for global managed hosting and cloud solutions."

Source: Host Review