Trace3 Gets Strategic Investment

Irvine-based Trace3, an IT solutions provider which focuses on medium- and large- enterprise clients, has scored a strategic investment from H.I.G Capital, H.I.G. said on Thursday morning. Size of the investment round was not announced. Trace3 was founded in 2002, and has around 250 engineers providing IT consulting services. Trace3 founder Hayes Drumright will continue to serve on the company's board, according to H.I.G. Capital, and will remain a "significant" shareholder in the company. More information »