IIX Secures $20,000,000 New Financing

  • Feed Type
  • Date
    4/7/2015
  • Company Name
    IIX
  • Mailing Address
    3131 Jay Street Santa Clara, CA 95054 USA
  • Company Description
    IIX, headquartered in Silicon Valley, California, is a global interconnection provider and Internet Exchange operator. IIX’s PeeringCloud™ platform consists of various distributed Internet Exchange Points (IXPs), allowing customers to directly interconnect with each other both locally and globally.
  • Website
    http://www.iixpeering.net
  • Transaction Type
    Debt
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    TriplePoint Capital’s financing enables IIX to increase the speed of our global ecosystem expansion and bring simple, secure and programmable direct network connections between more content providers, cloud application providers and other enterprises. IIX today also announced that it has acquired leading global interconnection company IX Reach.
  • M&A Terms
  • Venture Investor