Even though the Marlboro, Massachusetts-based company has primarily been associated with the financial sector, CFO Thomas Sheehan said that in 2004, its customer base grew more than 200% across a diverse set of industries.
Egenera has raised $169m since its formation in 2000. In the latest round, Horizon Technology Finance will provide up to $15m in long-term funding while Silicon Valley Bank has increased the company’s existing credit line from $10m to $30m.
