Disco, a well-known Austin-based technology company, has announced that it has secured $40M in debt financing. The company, which develops software for the music industry, said that the new funds would help it to continue its growth initiatives. Disco also announced that it has raised $235M in total equity and venture capital funding from notable investors, including Austin Ventures (a unit of Advent International), Index Ventures, Kleiner Perkins Caufield & Byers (KPCB) and Thrive Capital. The company’s current valuation is estimated at over $1B. Disco 60M is an Austin-based accelerator program focused on early-stage technology companies. It has already backed 67 companies and has helped them raise over $1B in total funding.
Disco Receives Debt Financing
Disco Receives $M Debt Financing, Austin-Based Disco 60M 40M 785M
Disco, a Houston-based company that provides debt financing and lease procurement services to small businesses, has received a $3 million debt financing from Austin-based CapitalSource Financial Services. The money will fuel Disco’s growth in the Southeast and other parts of the country. “Our long-term objective is to help more entrepreneurs start and grow their businesses,” said Disco CEO Daren Metropoulos. “We are thrilled to have CapitalSource on our side as we continue working hard to provide meaningful Solutions for Small Business Owners.” CapitalSource Financial Services is an investor in technology startups and has partnered with companies such as Airbnb, Dropbox, and Uber.
Disco 60M Received 40M Debt Financing
Disco 60M Received 40M Debt Financing
Austin-Based Disco 60M 40M 785M has received $40 million in debt financing from a group of investors. The company plans to use the cash to expand its operations and increase its headcount. Disco was founded in 2006 and provides technology services to small businesses.
235M Received from 785M in Austin-Based Disco
On July 8, 2017, 235M received $M debt financing from 785M in an Austin-based disco. The company plans to use the funds to expand its operations and develop new products.
M is a leading provider of cloud-based software as a service (SaaS) solutions for small businesses. Its flagship product, MTE, is a cloud-based CRM solution that helps businesses manage customer relationships.
The company has offices in Austin and San Francisco and has hired several new employees over the past year to support its growth. With this new financing, M plans to expand its operations into new markets and develop new products to help businesses succeed.
Conclusion
It was announced today that Disco, an Austin-based startup, has secured debt financing of $40M. This brings the company’s total funding to date to $75M. In addition, Disco 60M has raised $40M and is now worth 235M. Lastly, Disco 785M has also been approved and is currently in the process of being raised. This is a great day for Disco as it secures significant financial support for its growth plans and continues to set the standard for innovation within the dance industry.
