RE: Rumours post are removed.23 Oct 2019 11:33
Below is what someone posted . can't mention who, admin is reading and removing them.
San Francisco, California, Oct. 22, 2019 (GLOBE NEWSWIRE) -- US Capital Global has advised on a $10 million preferred equity financing for the UK-based security automation company, Device Authority Limited (“Device Authority”). Device Authority provides innovative solutions to address the challenges of identity and access management for the Internet of Things (“IoT”) without human intervention. This is achieved through the firm’s IoT software security platform, KeyScaler™, which provides automated device provisioning, credential management, secure updates, and policy-driven data encryption.
Headquartered in San Francisco, US Capital Global is a full-service private financial group with an established track record in investment banking, asset management, investment management, and capital formation services. The group’s registered broker-dealer affiliate, US Capital Global Securities, LLC, acted as the exclusive placement agent for the equity financing for Device Authority.
“We are very thankful to have had US Capital Global’s expertise to support our capital formation and financing needs,” said Darron Antill, CEO at Device Authority. “With the rapid growth of the Internet of Things, we are preparing ourselves for market entry and plan to use any new financing to further strengthen and develop KeyScaler™, our cyber security platform software.”
“We are extremely pleased to have served as financial advisor for Device Authority,” said Charles Towle, Managing Partner at US Capital Global and CEO at US Capital Global Securities. “US Capital Global’s advisory services assisted the company with its capital structure, in order to raise capital for continued tech development. Device Authority works to better secure everything from smart devices and applications to blockchain and automotive devices. US Capital Global is a private financial group with a strong focus on frontier technologies, and we were therefore especially glad to support Device Authority.”