Atlanta (May 2017) – MacStadium, the Mac hosting authority and only provider of Mac Pro private cloud infrastructure-as-a-service (IaaS) around the world, announced May 9 that it received a growth equity investment led by Summit Partners, with participation from Noro-Moseley Partners. MacStadium will use the funding to continue product and service innovation, expand its leading market position and build brand awareness.
Morris, Manning & Martin partner Chris Maxwell with the help of associates Hallee Moore and Christine Trites, represented MacStadium in the transaction.
MacStadium provides hosted cloud solutions to software developers in over 50 countries around the world. With operations in Atlanta, Georgia, Las Vegas, Nevada and Dublin, Ireland, the company has deployed more than 10,000 Mac Minis and Mac Pros and serves more than 2,500 customers. MacStadium was #44 on the 2016 Inc. 5000 List and #20 on the Deloitte Technology Fast 500 List for North America.
Company leaders say they are focused on further establishing the company’s position as an innovative leader in the IaaS market. Click here to read the full announcement.
Morris, Manning & Martin’s Corporate Technology Group represents technology companies through every growth stage, developing domain-specific expertise that the practice applies to serve its clients more effectively. It has helped hundreds of companies through all stages of the funding and growth process.
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