Archive for January, 2018

Violet Defense Unveils Cutting-Edge Germ-Killing Technology at CES Show

Posted on: January 12th, 2018 by Kirenaga Partners

Violet Defense is again making waves, this time at the International Consumer Electronics Show (CES). Especially turning heads is Violet Defense’s new S.A.G.E. UV Micro unit, which allows unprecedented portability of their advanced germ-eradicating technology.

You can find the full press release at the link below.

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BOOM! AdvisorEngine Becomes Second Kirenaga Company to Hit Nine Figure Valuation

Posted on: January 2nd, 2018 by Kirenaga Partners

This morning AdvisorEngine announced a series of transformational transactions that increased its valuation to over $100 million, and affirmed its status as the leading technology platform for financial advisors to manage and grow their business.

First, AdvisorEngine acquired Junxure, the provider of the industry-leading client relationship management technology platform. Junxure is used by 1,400 financial advisory firms, with $600 billion of assets running through its platform. This transaction brings that additional scale and capability to the AdvisorEngine Platform.

To fund the Junxure acquisition and provide additional working capital for integration and future growth, AdvisorEngine received a commitment of $30 million from WisdomTree (NASDAQ: WETF), the publicly-traded asset management firm.

Finally, AdvisorEngine entered into and agreement that gives WisdomTree the option to fully acquire the remaining equity interests of AdvisorEngine with the closing to occur no later than January 15, 2019.

While an incredible amount of opportunity exists to continue to further expand its platform, we are exceptionally proud of the achievements to date from from the entire management team of AdvisorEngine, especially their CEO, Richard Cancro.

You can find the full press release at the link below.

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Violet Defense Technology Gets Attention of Orlando Sentinel

Posted on: January 2nd, 2018 by Kirenaga Partners

The Orlando Sentinel ran an article today about Violet Defense founder Mark Nathan and his firm’s revolutionary UV technology. We at Kirenaga are excited to see our partners at Violet Defense beginning to get the attention they deserve for their disruptive new take on infection control, and eagerly anticipate future successes from them as their business continues to mature.

You can find the full Orlando Sentinel piece at the link below.

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