Carbon60 Networks Raises Money from Roynat Equity and Its New CEO, John Witte

Carbon60 Networks, which provides cloud computing and managed IT services to Canadian enterprises, this week announced a combined investment of growth capital from Roynat Equity Partners and newly appointed CEO, John Witte.

The capital investment and the addition to the current management team of John Witte “enables Carbon60 to significantly build upon its high touch IT services offering for existing clients and capitalize on the increasing trend of companies shifting their IT workloads to cloud computing,” according to the company, which is based in Newmarket, a city in the York Region.

“Our investment and partnership with Carbon60 is a reflection of the strong platform the company has built and its potential for growth,” said Chris Lewthwaite, Director, Roynat Equity Partners.

“We look forward to working with John Witte and his team as the market for cloud computing and premium managed hosting continues to grow,” he added.

“Joining Carbon60 means taking the helm of a first-class organization and bringing its white glove approach to managed IT services to enterprises who need the highest levels of security, availability and performance for their mission critical web applications,” said Witte.

“With the growing concern about data security, and an increasing appetite for high-quality and scalable IT services to support cloud based applications, there is a tremendous opportunity ahead for Carbon60,” he added.

“This infusion of capital will enable Carbon60 to expand on its proven track-record as a premium provider of hosting and IT support for business-critical web properties and applications,” said Peter Kelly, Founder of Carbon60.

“As a current partner to some of Canada’s most demanding organizations, Carbon60 can now extend its reach to organizations who need nothing less than the best cloud computing, managed hosting and application support,” he added.