Black Lotus Secures $6M Initial Debt Facility
Summary
Led by Arman Khalili, CEO, Warren Dewar, CFO, Black Lotus provides DDoS mitigation solutions that enable service providers and enterprises to protect their networks against DDoS attacks and to offer DDoS protection as a service. The company will use the financing to scale the presence, capacity, and resiliency of its DDoS mitigation capabilities and launch international locations (initially in Amsterdam within the next month).
Funding
Amount
$6.0M
Total raised
Date
April 7, 2014
Announcement date
Investors
East West Bank
Lead investors
Company
http://www.blacklotus.net
Funded company
Classifications
industries
Entertainment
applications
Networking and Cloud
AskAI Classifications
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