Wednesday, August 31, 2016

xMatters Finds $2M In Debt Financing

San Ramon-based xMatters, which develops incident communications systems for businesses, has raised $42M in a debt financing, according to the company. The funding came from Golub Capital Late Stage Lending. Terms of that debt financing were not announced. xMatters is led by CEO Troy McAlpin. The company's systems are used by companies to manage network outages, supply-chain disruptions, natural disasters and medical emergencies.