Boston Financial & Equity Corporation (BF&EC) recently provided a $1 million lease line for servers to thier newest lessee, described by BF&EC as still in “stealth” mode and on their way to disrupting the way we all work on our desktops.
The company has raised approximately $3 million with about $1.5 million left, which should take them through the end of 2016 with a current burn of $150,000 per month and increasing. The company recently added a seasoned entrepreneur to its team, and the initial launch in March is bringing in recurring revenue.