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Arsenal Digital Solutions Closes $11 Million in Debt Financing

Cary-based Arsenal Digital Solutions (www.arsenaldigital.com) has closed an $11 million round of non-equity financing. The company has now raised a total of $86 million in equity and debt funding, according to company reports.

Arsenal will use this funding to support the company's expansion efforts. The company currently serves more than 800 customers in 18 cities. Aresenal delivers its outsourced storage management services through service providers, such as AT&T, NTT/Verio, AboveNet, Terremark Worldwide and Redundant Networks.

Arsenal Digital Solutions has been a CED member since 1999.

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"CED has been the place I go to meet other entrepreneurs, investors, advisors and entrepreneurial service providers. The organization has been absolutely key to the success and growth of my company." -Ryan Allis, CEO, iContact Corp.