Infrastructure-as-a-service (IaaS) cloud provider (CSP) Peak, formerly known as PeakColo, has secured $4 million in new funding to assist with the demand from channel partners for its cloud computing services, the company said.

Peak raised this round of funding from Meritage Funds and Sweetwater Capital, the company's current investment group, to provide additional support for "key partnerships" and demand for its cloud services.

Peak founder and CEO Luke Norris (who we recently featured in Friday's Last Word) said in a statement that the company "manifests its destiny" by moving into additional markets across the country.

"With our patented technologies we are helping companies realize the many benefits of enterprise cloud computing more readily and more economically," he said. "As such we have seen over 430 percent growth over the past two years."

Peak also recently added two additional cloud nodes, one in Santa Clara, Calif. and the other in Atlanta, Ga., to assist channel partners with moving customers to the cloud.