Green Cloud Technologies closed $7.5 million of new financing. The package consists of a $5 million senior line of credit with Bridge Bank and $2.5 million of additional equity and sub debt provided primarily by its existing investor base.

The new capital will fund the company’s expansion of its national channel partner program and acquisition capital as Green Cloud searches for tuck-in cloud or data center asset acquisitions.

According to Shay Houser, CEO of Green Cloud, “Coming off a three-year growth rate through 2015 of 4,000% and anticipating 65% growth during 2016, the additional capital helps fund our organic growth and acquisition plans.”

“We are pleased to announce our relationship with Green Cloud and our support of their continued growth” said Blake Reid, vice president and market manager of Bridge Bank. “We are excited about the momentum that the company’s market strategy has demonstrated and we look forward to supporting Green Cloud’s future growth plans.”

Green Cloud Technologies provides cloud solutions to a network of reseller partners.