Switch, a privately owned Canadian company founded in 2005, provides streaming services. Employing approximately 20 people, the company reported revenues of around $10 million in 2023. While its primary offering is streaming services, Switch also develops next-generation telecommunication services for government, telecom, enterprise, satellite communication, and military clients.
Switch announced on July 15, 2025, an expansion of its Borrowing Base and Revolving Credit Facilities to $10 billion, utilizing sustainable financing structures to accelerate growth, reduce borrowing costs, and retire acquisition-related debt. A separate announcement, unrelated to Switch's financing, detailed CoreWeave's deployment of NVIDIA GB300 NVL72 systems. Finally, a partnership between Switch and Maritime Partners was established, marking Maritime Partners' entry into the ferry sector and aiming to modernize the U.S. ferry fleet with next-generation technology and financing solutions.
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