Central Desktop Gets $5.0M In Credit Line

Pasadena-based Central Desktop, which develops cloud-based collaboration software, has scored a $5.0M line of credit from SaaS Capital, SaaS Capital said Thursday morning. According to the company, Central Desktop wlil use the financing to accelerate time to market for its products, and also to invest in further growth. Saas Capital provides alternative financing to SaaS businesses. Central Desktop is led by Isaac Garcia.