DH Capital, an investment banking firm with expertise in Internet infrastructure, telecommunications, and SaaS, has launched a new fund in partnership with SaaS Capital, a provider of debt financing for SaaS businesses.
The new vehicle is designed to provide growth capital to emerging software-as-a-service businesses with more than $3m in revenue and who have passed the start-up stage, but require additional capital to support continued growth.
A credit facility can be used in conjunction with, or as replacement for, venture capital financing.
Loan amounts range from $1m to $4m with larger facilities available through syndication partners.
FinSMEs
01/05/2012