Cloud-based software company xMatters announced Tuesday that it has received a $42 million long-term funding facility from Golub Capital.
The company will use the loan to support current and future global expansion plans, chief executive officer Troy McAlpin said in the statement.
xMatters, a JMI Equity portfolio company, provides a communications platform for digital-focused companies to respond to interruptions in technology infrastructure vital to business operations, due to natural disasters, medical emergencies, IT failures and more.