Tuesday, April 1, 2008

CoreXchange Gets Funding, Credit Facility

Dallas-based CoreXchange, a provider of Internet services and network infrastructure, said Tuesday that it has raised a round of funding in the form of a convertible note, and received a credit facility from Silicon Valley Bank. Details of the funding were not released, however CoreXchange said the financing was led by Red Barn Investments. CoreXchange said the funding would be used to build out additional network and data center infrastructure. More information »