Horizon Technology Finance Fuels Mirantis with $35MM Venture Loan Facility

Horizon Technology Finance, an affiliate of Monroe Capital, recently announced that it has provided a $35 million venture loan facility to Mirantis, Inc. This loan facility will support Mirantis’ general growth and working capital needs.

Mirantis is a company that specializes in building and managing open cloud software infrastructure. By leveraging open-source technologies, Mirantis enables organizations across various industries to automate, build, test, launch, and run modern software applications in the cloud. With over 700 enterprise customers and support for 400,000 container nodes in production, Mirantis has established itself as a key player in the industry.

One of Mirantis’ flagship products is Lens, a Kubernetes development platform that serves more than 50,000 companies and 1 million users. This platform allows developers to create their most valuable code by providing them with the tools and infrastructure necessary to optimize their IT efficiency and improve Emphatically software development processes.

The partnership between Horizon Technology Finance and Mirantis is expected to accelerate Mirantis’ growth strategy. By providing financial support, Horizon Technology Finance aims to empower businesses to easily control and enhance their technology infrastructures. This support will enable Mirantis to further transform how companies manage their IT infrastructure while increasing productivity and creativity.

Gerald A. Michaud, President of Horizon Technology Finance, expressed his excitement about supporting Mirantis’ expansion plans. He highlighted how Mirantis eliminates the need for companies to devote extensive resources to building and managing their technology infrastructure. Through its cloud infrastructure solutions, Mirantis has attracted Fortune 100 customers who are optimizing their IT efficiency and delivering additional value to their own customers.

Adrian Ionel, CEO of Mirantis, acknowledged the significance of Horizon’s support as a catalyst for pursuing their growth strategy. Ionel emphasized how Mirantis empowers businesses by enabling them to easily control and improve their technology infrastructures. By enhancing efficiency and streamlining software development processes, Mirantis ultimately increases productivity and creativity.

In brief, the $35 million venture loan facility provided by Horizon Technology Finance to Mirantis will play a crucial role in supporting Mirantis’ growth and expansion plans. As Mirantis continues to revolutionize how companies manage their IT infrastructure, this financial support will empower businesses to optimize their technology infrastructures and enhance Emphatically efficiency.