|By Business Wire||
|May 20, 2014 04:16 PM EDT||
Today Keating Capital, Inc. (the “Company”) (Nasdaq: KIPO), a closed-end fund that has elected to be regulated as a business development company under the Investment Company Act of 1940, announced that on May 16, 2014, it completed a $3 million Series E Convertible Preferred Stock investment in Centrify Corporation. Centrify has raised a total of $42 million in the Series E financing.
Founded in 2004, and headquartered in Santa Clara, California, Centrify provides identity management software that allows users to access data center, cloud, and mobile devices and applications with a single sign-on. According to Centrify, more than 5,000 customers, including approximately half of the Fortune 50 companies, have deployed Centrify’s software to unify their identity infrastructures and improve network security.
About Keating Capital, Inc.
Keating Capital (www.keatingcapital.com) is a closed-end fund (regulated as a business development company under the Investment Company Act of 1940) that specializes in making pre-IPO investments in emerging growth companies that are committed to and capable of becoming public. Keating Capital provides investors with the ability to participate in a publicly traded fund that allows its stockholders to share in the potential value accretion that Keating Capital believes typically occurs once a company transforms from private to public status. Keating Capital’s shares are listed on Nasdaq under the ticker symbol “KIPO.”
To be added to Keating Capital’s email distribution list to receive quarterly newsletters and other announcements, please visit our website.
This press release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect Keating Capital’s current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release, including the factors set forth in “Risk Factors” set forth in Keating Capital’s Form 10-K and Form 10-Q filed with the Securities and Exchange Commission (“SEC”), and subsequent filings with the SEC. Please refer to Keating Capital’s SEC filings for a more detailed discussion of the risks and uncertainties associated with its business, including but not limited to the risks and uncertainties associated with investing in micro- and small-cap companies. Except as required by the federal securities laws, Keating Capital undertakes no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise. The reference to Keating Capital’s website has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.
Aug. 29, 2016 01:15 AM EDT Reads: 2,992
Aug. 29, 2016 01:00 AM EDT Reads: 2,194
Aug. 29, 2016 12:00 AM EDT Reads: 1,865
Aug. 28, 2016 11:15 PM EDT Reads: 2,127
Aug. 28, 2016 10:30 PM EDT Reads: 4,042
Aug. 28, 2016 08:30 PM EDT Reads: 1,830
Aug. 28, 2016 08:15 PM EDT Reads: 1,947
Aug. 28, 2016 07:30 PM EDT Reads: 703
Aug. 28, 2016 06:30 PM EDT Reads: 1,618
Aug. 28, 2016 06:00 PM EDT Reads: 1,938
Aug. 28, 2016 05:30 PM EDT Reads: 777
Aug. 28, 2016 03:15 PM EDT Reads: 3,511
Aug. 28, 2016 03:00 PM EDT Reads: 756
Aug. 28, 2016 01:45 PM EDT Reads: 3,673
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Aug. 28, 2016 01:00 PM EDT Reads: 2,431