Virtualization provider Media Temple has raised $15 million from a group of investors led by Triangle Capital (also includes GMB Mezzanine Capital). Founded in 1998, Media Temple is a web hosting and software service provider, helping clients host websites, email, and other forms of rich media content. This is the company’s first round of outside investment and the bulk of the proceeds will go towards increasing headcount, enhancing product offerings and yes, new acquisitions. The company’s CEO Demian Sellfors says, “we certainly have a big appetite.”



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