Beedie Capital Partners Provides Growth Capital to Teradici
Teradici Corporation has completed a $10MM Growth Capital Financing with Beedie Capital
February 25, 2016
Vancouver, British Columbia - Beedie Capital Partners (“BCP”) is pleased to announce the closing of a financing with Teradici Corporation (“Teradici” or the “Company”). BCP led a $10MM secured debt financing with warrants in syndication with Lyra to support the continued growth of the Company.
Teradici is the technology leader for creating secure virtual workspaces. The company’s PCoIP technology powers the spectrum of local, remote, mobile and collaborative work styles, fundamentally simplifying how computing is provisioned, managed, and used throughout virtual and cloud environments. The world’s largest cloud computing companies rely on PCoIP technology to fulfill the promise of the cloud – an outstanding user experience, securely delivered to any device, anywhere. Teradici customers include Fortune 500 enterprises and institutions around the world, local and federal government agencies, and cloud and service providers. Teradici was founded in 2004, and is headquartered in British Columbia. For more information, visit www.teradici.com.
About Beedie Capital Partners
Beedie Capital Partners ("BCP") is the non-real estate investment arm of Beedie Development Group, the largest private industrial land owner, developer and landlord in British Columbia. BCP seeks to deploy Private Equity and Private Debt by collaborating with ambitious operators of high-growth public and private companies. BCP is managed by Bond Capital, a leading mezzanine finance provider to established companies across North America. Please also visit www.beediecapital.com and www.beediegroup.ca for further details.
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