CellTrust Announces $10.5M Series A Growth Funding Led by Kayne Partners
SCOTTSDALE, Ariz., Dec. 11, 2014 /PRNewswire/ -- CellTrust Corporation, a global leader in collaborative secure mobile communication with tracing and archiving capabilities, announced today that it has closed $10.5M in Series A funding from Kayne Partners, the growth private equity group of Kayne Anderson Capital Advisors, L.P. The growth capital investment will enable CellTrust to keep pace with customer demand, extend its infrastructure and expand its team.
"Our entire team is excited to have such great partners supporting our mission to enhance secure mobile collaboration by providing enterprise with a product suite that archives and protects SMS messaging and voice content, helping organizations comply with global regulations," said Sean Moshir, Founder & CEO of CellTrust. "While CellTrust has had consistent and continued growth, this funding allows us to expand sales, marketing and engineering to move the company to next level at an even faster pace."
"Kayne Partners has a history of partnering with innovative, high growth companies, and we are excited about our partnership with CellTrust," said Nate Locke, Managing Director, Kayne Partners. "With an experienced leadership team, CellTrust is well positioned to continue disrupting the marketplace by providing enterprise customers with a truly unique mobile solution. We believe CellTrust will have a tremendous impact on a global scale."
Headquartered in Scottsdale, Arizona, CellTrust SecureLineTM technology includes secure voice, secure SMS, and a Mobile Business Number which enables customers to create a true dual persona on their mobile device with two completely different phone numbers on a single SIM.
About CellTrust Corporation
CellTrust is a global leader in collaborative secure mobile communication with tracing and archiving capabilities and mobile aggregation across 200+ countries and over 800 carriers and mobile operators. CellTrust SecureLine archives and protects mobile communication content supporting enterprise mobile collaboration, eDiscovery and major global regulatory compliance for financial services, government and healthcare. Learn more at www.celltrust.com
About Kayne Partners
Kayne Partners is a leading provider of capital and connections to rapidly growing companies in North America. Since its inception more than a decade ago, it has invested over $600 million in platform investments and add-on acquisitions. Kayne Partners seeks to partner with driven entrepreneurs as a non-control minority investor and provide transformative capital to these high growth companies. Kayne Partners is the growth private equity group of Kayne Anderson Capital Advisors, L.P. Learn more at www.kaynepartners.com
About Kayne Anderson Capital Advisors, L.P.
Kayne Anderson Capital Advisors, L.P., founded in 1984, is a leading independent alternative investment management firm focused on niche investing in upstream oil and gas companies, energy infrastructure, specialized real estate, middle market credit, growth private equity and distressed municipal opportunities. Kayne's investment philosophy is to pursue niches, with an emphasis on cash flow, where our knowledge and sourcing advantages enable us to deliver above-average, risk-adjusted investment returns. Kayne manages $30 billion in assets for institutional investors, family offices, high net worth and retail clients and employs over 250 professionals in eight offices across the United States. Learn more at www.kaynecapital.com
Media contacts:
Lora Friedrichsen/Valerie Christopherson
Global Results Comms (GRC) for CellTrust
+1 949-608-0276
[email protected]
Nate Locke
Kayne Anderson Capital Advisors, L.P
+1 310-282-2826
[email protected]
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SOURCE CellTrust Corporation
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