Media Temple Raises $15 Million
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Media Temple Inc., a Los Angeles-based leader in providing virtualized and managed web hosting has raised $15 million in capital funding from Triangle Capital Corp. and GMB Mezzanine Capital. The new investment will be used in continuing the growth of the companies services in the web hosting industry.
The technology investment banking group of Morgan Joseph & Co. Inc. advised Media Temple on the transaction and arranged the financing and Morgan Joseph himself will serve as financial advisor to Media Temple.
Funding Total: $15,000,000
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|Investors: Triangle Capital Corporation , GMB Mezzanine|