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SaaS Capital Raises $58 million to Fuel the Software-as-a-Service Economy

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CINCINNATI & NEW YORK & SEATTLE--(BUSINESS WIRE)--SaaS Capital, the pioneer provider of debt-based growth capital for SaaS companies, today announced that it has closed its second fund with $58 million in limited partner commitments. SaaS Capital’s first fund, which closed in May 2012, had $22.5 million in LP commitments, and provided facilities to 14 SaaS companies. “The $58 million, when paired with our bank line, will give us the capacity to fund $75 to $100 million into approximately 25 new

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