To be successful in the high-flying tech business requires the right financing partners. Growing the company to its potential while dealing with cutthroat competition and rapid change makes technology funding like no other.
When working with Digital Ocean, a leading provider of cloud hosting services, we faced several challenges. Key among these was the creation of a capital-efficient strategy that allowed the company to draw down incremental tranches of capital, thus better managing the company’s scaled financing needs. The company, a startup success story, is adding customers at a rapid pace and continues to launch new services, with further expansion in its sights.
Technology funding is certainly about cash flow management, but it also includes technology equipment financing. Ziosk, the developers of the restaurant industry’s first ordering, entertainment and pay-at-the-table tablet, worked with CapX on a loan facility to support agreements with Olive Garden and other casual dining restaurant brands to deploy Ziosk tablets across the U.S.
CapX continues to seek investment opportunities within the tech space, bringing our partners creative and sophisticated technology funding solutions and fast turnaround from proposal to close.