Wellington Financial Provides $8.75 Million Financing to Seattle-based Digital Fortress

SEATTLE and TORONTO, Feb. 18, 2016 /CNW/ - Wellington Financial LP, a privately-held specialty finance firm, today announced a US$8.75 million credit facility for Digital Fortress, Inc. ("Digital Fortress"), a prominent data center operator and cloud management provider serving the Pacific Northwest market.

Digital Fortress was formed in early 2012 through the combination of two successful Seattle based data centers – Digital Forest and Fortress Colocation Centers.  Today, the company manages 63,000 square feet of space featuring a diverse-network designed to support a mix of private, public and managed infrastructure with scaling capacity to maintain data speed and access for hybrid IT organizations.  Recently, the company added cloud infrastructure management capabilities to support its clients on both Microsoft's Azure and Amazon's AWS. 

"Digital Fortress clients trust them with their mission critical infrastructure needs.  We are excited to be supporting this successful company, especially as they embark on their next stage of expansion into hybrid cloud management," said Mark Usher, Partner at Wellington Financial.

"This growth capital funding from Wellington Financial will allow us to continue to broaden the suite of services we provide to our valued customers," added Matt Gerber, CEO of Digital Fortress.  "We are pleased to have their support and look forward to a prosperous future in partnership with them."

About Wellington Financial LP

Wellington Financial LP is a privately-held specialty finance firm providing term, venture and amortizing loans up to $40 million. Wellington Financial LP is currently managing a $900 million investment program with offices in Menlo Park, Santa Monica and Toronto. Wellington Financial LP is managed by a partnership controlled by fund management and Clairvest Group Inc. (CVG:TSX), who jointly have contributed a large financial stake to the Fund. LPs include several of Canada's largest institutional investors, crown corporations, financial institutions and pension funds. Please visit the fund website at www.wellingtonfund.com.

About Digital Fortress

Digital Fortress provides managed cloud and colocation infrastructure and services.  As the largest independently-owned data center operator in the Pacific Northwest, Digital Fortress focuses on providing the most cost-effective management of distributed workloads across private, hybrid and public IT infrastructures. Digital Fortress is strategically positioned close to top carrier hotels, peering networks, and cloud providers to enhance hybrid IT performance and end user experience. With more than 90% of its electricity supply derived from clean, inexpensive hydroelectric and wind power, Digital Fortress can pass through low cost clean energy to its customers. Hundreds of customers rely on Digital Fortress to simplify IT infrastructure management.

SOURCE Wellington Financial LP

For further information: Susan Mocherniak, Wellington Financial LP, Tel: (416) 682-6007, smocherniak@wellingtonfund.com


Organization Profile

Wellington Financial LP

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890