Crusoe Secures $225M Financing to Scale AI Cloud Infrastructure
Upper90 Closes $225M Credit Facility to Crusoe to Expand AI Cloud Infrastructure
Boston, MA – Upper90, a leading provider of credit solutions for high-growth companies, today announced that it has closed a $225 million credit facility with Crusoe, a pioneering AI cloud infrastructure company. This strategic partnership will enable Crusoe to accelerate its expansion plans, further solidifying its position in the rapidly growing AI and cloud computing markets.
The credit facility, which is one of the largest of its kind in the industry, will be used to support Crusoe's ambitious growth initiatives, including the development of its AI-powered cloud infrastructure and the expansion of its sales and marketing efforts. The facility will also provide Crusoe with the financial flexibility to pursue strategic acquisitions and partnerships, further enhancing its competitive position in the market.
"We are thrilled to partner with Upper90 to support our ambitious growth plans," said [Name], CEO of Crusoe. "Their team's expertise and flexibility were instrumental in structuring a credit facility that meets our unique needs, and we look forward to working together to drive our business forward."
Upper90's credit facility will provide Crusoe with access to a significant amount of capital, allowing the company to scale its operations and continue to innovate in the AI and cloud computing spaces. The partnership also reflects Upper90's commitment to supporting high-growth companies that are driving innovation and disrupting traditional industries.
"Upper90 is proud to support Crusoe's mission to revolutionize the AI and cloud computing industries," said [Name], CEO of Upper90. "Our credit facility is designed to provide Crusoe with the flexibility and capital it needs to execute its growth strategy, and we look forward to working together to drive the company's continued success."
About Upper90 Upper90 is a leading provider of credit solutions for high-growth companies. The company's team of experienced lenders and financial experts work closely with entrepreneurs and business leaders to provide customized credit facilities that meet their unique needs. Upper90's credit facilities are designed to provide the flexibility and capital that high-growth companies need to execute their growth strategies and achieve their goals.
About Crusoe Crusoe is a pioneering AI cloud infrastructure company that is revolutionizing the way businesses use AI and cloud computing. The company's AI-powered cloud infrastructure is designed to provide businesses with the flexibility, scalability, and security they need to deploy AI and cloud-based applications at scale. Crusoe's platform is used by a growing number of businesses across a range of industries, including finance, healthcare, and retail.