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Razorsight Secures $3M Venture Loan Through Horizon Technology Finance Corp.

Razorsight Secures $3M Venture Loan Through Horizon Technology Finance Corp. - top government contractors - best government contracting event
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RazorSight logo Cloud computing analytics company Razorsight Corp. has agreed to terms with finance company Horizon Technology Finance Corp. on a $3 million venture loan facility intended to help Razorsight expand.

Connecticut-based Horizon provides secured loans to development-stage companies backed by venture capital and private equity firms within the technology, life science, healthcare information and services and clean-tech industries, the companies said Thursday.

“The growth capital with attractive terms provided by Horizon will support our ongoing development and commercial efforts,” said Brandon Thorne, Razorsight vice president of finance.

“We look forward to working with the Horizon team as we continue to deliver highly differentiated cloud-based services for our leading customers and continue our global expansion,” Thorne said.

Gerald Michaud, Horizon president, said Razorsight develops cloud-based business intelligence and analytics platforms aimed at helping customers gain marketing information.

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Written by Ross Wilkers

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