DTT Surveillance, a Los Angeles, California-based supplier of video surveillance solutions to restaurant and hotel industries, announced this week that its lender CapitalSource has extended the company’s credit facility to $20 million.
According to a statement, the company secured $15 million of debt financing from CapitalSource in November 2009.
DTT President and CEO Sam Naficy said that the additional funding will allow the company to expand into ancillary vertical markets.
"We have experienced incredible growth over the past two years, having more than doubled our subscriber base. We are pleased to have CapitalSource further reinforce its commitment to DTT and look forward to our ongoing relationship," he said.
For more information about DTT Surveillance, visit www.dttusa.com.