Espresso Capital Provides Zaloni with $6M Credit Facility
Today, Baird Capital portfolio company Zaloni, an award-winning leader in data management, announced that Espresso Capital has provided the company with a $6 million credit facility. Zaloni was introduced to Espresso through Baird Capital. Zaloni will use the funds to further expand its sales team, make additional investments in its innovative DataOps software platform, Arena™, and drive revenue growth.
"Part of the value that we bring to our portfolio companies is connecting them to the right players in the ecosystem to help them build their businesses," noted Jim Pavlik, Partner at Baird Capital. "We're excited that our introduction to Espresso led to this partnership with Zaloni and provides Susan and her team with additional growth capital to continue to expand their business."