$42m Golub facility for intelligent communications company

Golub Capital’s technology-focused late stage lending platform has provided support for the expansion plans of a San Ramon, California-based software company.  

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.

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