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Firm Invests $8 Million in CrystalTech.
2005-03-29, HostMan.biz Technology Investment Capital Corporation announced on Monday that it had completed an $8 million investment in senior secured notes issued by CrystalTech Web Hosting (crystaltech.com). CrystalTech is the Internet services and Web hosting subsidiary of Newtek Business Services (newtekbusinessservices.com), a provider of financial and business services to small and medium-sized businesses. The company recently launched shared hosting plans for ColdFusion MX 7.0. Technology Investment Capital Corporation is a publicly traded business development company specializing in providing capital to small to mid-size technology-related companies. |
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