1-877-915-7646DirectPointe, a leader in IT outsourcing services, today announced it has secured $4 million in additional funding from Zions Bank. The investment will be used for operational efficiencies, marketing and product development, and for accelerating continued growth of the company. This will help DirectPointe in delivering managed IT services to more businesses across the country.
“When we looked at DirectPointe, we saw a company that is innovative and delivering unique services in a market that is experiencing high growth,” said Tom Etzel, Sr. Vice President Venture Lending of Zions Bank. “DirectPointe has already demonstrated stability, growth and leadership, and we’re excited to be part of a company that contributes to the Utah business community.”
The funding represents one of the first investments from the newly formed venture funding group at Zions Bank. The funding from Zions Bank is traditional financing, unlike typical venture-based financing in which ownership is allocated to the investing company.
DirectPointe CEO Michael Proper said, “In less than five years, we have been able to significantly grow our business from the investments of our own executives. We have some great opportunities ahead of us, and we are excited to have some additional capital to use in growing the company while still holding on to the equity.”
DirectPointe is a leading provider of IT outsourcing services. It was founded with a vision of making technology simple, manageable and affordable for the underserved small to medium-size business sector. The DirectPointe tools and systems enable its technicians to manage, protect and support customers remotely for a single monthly fee. By centralizing and standardizing technology, DirectPointe can manage IT better and for less than its clients can internally—with or without an existing IT staff.
For more information about DirectPointe, please visit http://www.directpointe.com.
About DirectPointe
DirectPointe, Inc. provides U.S.-based outsourced IT solutions for businesses that make technology simple, manageable and affordable all for a predictable monthly fee. DirectPointe is the nation’s most comprehensive Managed Service Provider (MSP) offering both a technology platform and the most complete and advanced managed services for VARs, service providers, broadband service providers, and hardware manufactures offering IT services to businesses.
Customers can choose from a customized solution or a managed services solution to complement their existing IT infrastructure. For more information about DirectPointe, visit www.directpointe.com or call (801) 805-9700.
PR Contact:
DirectPointe
Nicole Murphy
801.805.9700