Vision Security, a major home automation and monitored security services company, announced the company has successfully closed a $35 million syndicated loan transaction with The PrivateBank and Trust acting as the lead agent.

"We couldn't be more excited about closing this credit facility," said Rob Harris , CEO and Founder of Vision.

"This is just the beginning of the continued success we anticipate. Importantly, we were able to retain 100 percent of the equity in the company and we now have critical financing to grow Vision for years to come," said Harris.

"Jennifer Holloway and Mark Melendes of The PrivateBank have been great collaborators. We are excited about building a long and healthy relationship with them," added Harris.