Financial History
In 2012 Baltimore private equity firm Camden Partners invested $6 million in the company, and American Trading and Production Corp invested $2 million as part of an $8 million Series B funding round. In the deal, Jason Tagler of Camden Partners joined the board of directors of Prolexic. Prolexic said it would use the Series B money to support staff and augment its network.
In 2012, the company reported that in 2011 it achieved profitability and a compound annual growth rate of 45%.
In 2011, Prolexic completed two financing rounds lead by Kennet Partners totaling in $15.9 million.
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