NEW YORK, NY and BOULDER, CO--(Marketwired - August 11, 2016) - DH Capital, LLC ("DH Capital"), an investment banking firm serving companies in the Internet infrastructure, software and IT services, and communications sectors, announced today that it served as exclusive financial advisor to Nuvem Networks on its follow on investment from a group of high net worth industry investors. With this raise completed, Nuvem has secured in excess of $3 million of equity financing to support its development and growth initiatives.
Nuvem Networks, Inc. provides a highly disruptive software-defined networking ("SDN") service allowing for secure on-demand cloud connectivity. Founders Michael Mascia, Lee Cardona and Robert Pulley, experts in telecom and enterprise IT, realized early on that networks were the weak link in the cloud stack. "We are excited about the capital infusion and look forward to our next wave of growth," said Mr. Mascia.
"We are pleased to have assisted Nuvem on this capital placement. We believe Nuvem has a highly differentiated SDN service and valuable proprietary technology. In a more cloud centric world, seamless on-demand connectivity between users and cloud resources is a critical need that Nuvem meets," said Peter Hopper, CEO and Co-Founder of DH Capital.
DH Capital has long served as a trusted advisor and maintains among the largest dedicated teams of professionals covering the Internet infrastructure, software and IT services sectors. DH Capital has advised companies on more than 140 transactions with combined value in excess of $14 billion.
About DH Capital
DH Capital is a private investment banking partnership serving companies in the Internet infrastructure, communications, and SaaS sectors. Headquartered in New York City with offices in Boulder, Colorado, the firm's principals have extensive experience and proven abilities in capital formation, finance, research, business development, and operations. DH Capital provides a full range of advisory services to companies and financial institutions, including mergers and acquisitions, private capital placements, financial restructuring, and operational consulting. DH Capital has completed more than 140 M&A transactions and private capital placements totaling more than $14 billion in value. SaaS Capital, a DH Capital affiliate, is the premier provider of growth capital to emerging SaaS companies. SaaS Capital's innovative, recurring revenue based lines of credit, and years of experience focused exclusively on the SaaS business model, enables portfolio companies to fund substantial growth without selling a significant portion of their business. For additional information about DH Capital, please visit our website at www.dhcapital.com.
About Nuvem Networks
Launched in 2014, Connecticut based Nuvem Networks, Inc. provides a cloud networking platform and services for enterprises and service providers seeking to deliver secure on-demand cloud connectivity. Unlike cloud computing, legacy networks take weeks to provision, are hard to change and are expensive to operate. As a result, service providers have found it difficult to offer scalable and cost efficient cloud-based network services. To address these legacy issues and remove barriers to enterprise cloud adoption, the Nuvem team developed a ground-breaking networking platform that combines the cloud's flexibility and affordability with enterprise-grade security and performance. For additional information about Nuvem Networks, please visit www.nuvemnetworks.com.
Contact Information:
Contact:
Kelly Coyle
212-774-3720
www.dhcapital.com