A Denver information technology firm said it's raised $2 million in capital.

Greystone Technology said it's received $2 million from Cypress Growth Capital and will use the money to "expand into the enterprise market." "This investment presents a tremendous opportunity to build on our culture of being a people-first technology company," said Greystone co-founder Peter Melby, in a statement.

Earlier this year, Melby, 34, was named to the Denver Business Journal's "40 Under 40" list. He founded Greystone when he was 20 years old.

Read more at the Denver Business Journal