M3 Technology Group Secures $6.5 Million In Expansion Financing

M3 Technology Group, a vendor-neutral provider of expertise in customized professional and enterprise communications infrastructure services, recently announced that the company has closed $6.5 million in expansion funding from Frontier Capital. M3TG will use the investment to fund new product development initiatives, support the expansion of its professional and enterprise services teams, and increase the companys direct sales and channel marketing activities.

Over the past two years, we have experienced phenomenal and consistent growth. In the process, we have become a go-to partner for some of the most trusted and influential technology companies in the world, said Michael Byrnes, chief executive officer of M3TG. With this round of funding, we will be able to add more resources to enhance our innovative technology processes, build out our operations, and increase the testing and implementation of new technology solutions that continue to improve the way our communications information is stored, secured and delivered.

M3TG maintains an exceptional product-testing environment, devoting teams of experts to evaluate and master leading-edge messaging technologies. This proven expertise is delivered to clients with the flawless, seamless implementation and management of next generation messaging solutions so M3TG clients can enjoy efficiencies that give them a competitive advantage in their industry. 

We have been very impressed with the significant progress M3TG has made over the last few years. They have become an expert in implementation for messaging and collaboration for their partners all over the world, said Andrew Lindner, managing partner of Frontier Capital. M3TGs expertise has transcended the local, state, regional and national boundaries in an incredibly short time and, with this additional funding, they will be able to fast-track their pipeline of development initiatives.

Michael Byrnes and Mark Whetstone, M3TGs managing director, helped found the company in 2002 after identifying a consistent gap in the market between communications technology offerings, capabilities and leading edge demand for continuous availability, streamlined functionality and worldwide 24x7x365 accessibility. M3TG is comprised of expert implementation teams, dedicated to customized client applications and unparalleled service.

M3TG is a vendor-neutral provider of expertise in customized professional and enterprise services, secure electronic messaging, infrastructure systems development and management, information security, zero-impact migrations and emerging technologies. M3TG delivers precise solutions, dedicates a team of experts to every engagement, and completes projects on time and within budget. The company operates from its North American headquarters in Charlotte, N.C. 

For more information, please visit www.M3TG.com