Daily News: April 8, 2014

East West Provides Financing to Black Lotus

Black Lotus, a provider of distributed denial of service (DDoS) protection, announced it has secured an initial debt facility of $6.0 million provided by East West Bank, to accelerate its global expansion initiatives.

The company said it will use the financing to scale the footprint, capacity, and resiliency of its DDoS mitigation capabilities.