(Gawkwire) – Savtira Corporation (Savtira), a new provider of B2B Cloud Commerce solutions, has commenced a significant network infrastructure expansion via a multi-million dollar lease facility increase with strategic partner, Data Sales Co. (Data Sales). This asset-backed lease line will allow Savtira to retain a significant amount of equity while growing the business, versus using funds from venture capital or private equity. As part of this strategic alliance, Data Sales has acquired an equity interest in Savtira.
Savtira’s Software-as-a-Service Cloud Commerce platform offers digital and physical goods, and uses e-commerce to sell everything from downloadable entertainment programs to consumer electronics. Savtira eStores are branded and custom-tailored for Savtira clients so that no two eStores are alike. All Savtira clients also have the option to distribute millions of digital titles and thousands of physical goods from the Savtira catalog to their customers from their own branded eStore.
The platform includes Savtira’s carrier-class “Entertainment Distribution Network” (EDN), which streams all digital media from the cloud to any device. All types of software and digital media (business applications, games, music, movies, audio/e-books) are available to consumers on a rental or subscription basis. No download or installation is necessary. Consumers have the ability to pause media on one device and resume it on another. All data, state and configuration is stored within the cloud.
With such a platform, financing premier network equipment from original equipment manufacturers (OEMs) is necessary to continue the expansion of Savtira’s data centers. “Data Sales is an industry-focused lease facility that understands the IT hardware business. They value our approach, our potential growth capabilities and our excellent position within a global e-commerce market,” said Timothy Roberts, CEO of Savtira Corporation, “Conversely, we value the partnership with Data Sales because of their in-depth knowledge of the industry.”
“We saw an excellent opportunity in partnering with Savtira. We take all market factors into account when coming to an agreement. Savtira’s business model is exactly aligned with the type of ventures we choose to pursue due to the strength of the product and the size of the attainable market,” said Dan Gannon, senior lease program manager with Data Sales Co. “The global e-commerce market is a $680 billion industry and Savtira’s platform allows an entrance into the market place, while offering something unique – cloud capabilities and wireless, multi-device-use enjoyment for the consumer.”
About Savtira Corporation
Based in Tampa, Florida, Savtira is in the business of Digital Distribution with a Software-as-a-Service (SaaS) e-commerce platform that is a turnkey system for the distribution, marketing, merchandising, and selling of both digital media and physical goods in a single store and a single, unified shopping cart. Savtira-powered stores are designed to meet the specific needs of retail partners so no two eStores are alike. All Savtira eStores are branded and custom-tailored for our partners. Extra features and services are offered on an à la carte basis. Savtira is also building the next Carrier-Class “Entertainment Distribution Network” (EDN) to stream all digital media from the cloud with a feature set that eclipses anything on the market. For more information on Savtira, visit: http://www.Savtira.com or call 813.404.0123. Follow us on Twitter at: http://twitter.com/savtira.
About Data Sales Co.
For nearly four decades, Data Sales Co. has been providing full-service leasing capabilities in the information technology hardware industry. The Data Sales Co. team is comprised of IT hardware experts and leasing professionals that provide the most comprehensive, flexible lease options available. Data Sales Co. clients range from start-up and emerging to multinational Fortune 500 corporations. With three locations, one in Minnesota, Arizona and Texas, Data Sales Co. deals exclusively with business technology and understands the equipment and resale markets including recertified and refurbished equipment, storage products, print solutions, networking, PC and server hardware, and individual parts. Additionally, Data Sales provides value-added services such as transportation, technical services and IT recovery solutions to refurbishment, storage and data destruction. For more information, please visit http://www.DataSalesITLeasing.com.