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CellTrust Receives $10.5 million from Kayne Partners
December 11, 2014
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.”