
Financial Strengths/Investors
Founded in the fall of 2001, Ygnition has continued to demonstrate positive financial trends since inception. The Company has improved annual revenues, cash flow, and subscriber counts successively since 2001. The Company has been EBITDA positive since 2005.
Ygnition owes a great deal of its success to the strong support of its financial partners.
Ygnition’s investors & financial partners include:
Velocity Interactive Group
Ygnition was initially part of the $1.6 billion portfolio held by ComVentures, a venture capital fund focusing on communications and Internet companies that capitalize on the ever-increasing demand to build next-generation networks. Since Cliff Higgerson’s investment in Tellabs in 1994, ComVentures has demonstrated a proven track record of uncovering groundbreaking communication technologies. Spanning many generations of the communications industry, ComVentures has been a catalyst for many of the major communications advancements of the last quarter century. ComVentures and Veloicty merged to form Velocity Interactive Group in December 2007 and Ygnition is now part of the portfolio of companies held by Velocity Interactive Group.
For more information please visit http://www.velocityig.com.
Chrysalis Ventures
Founded in 1993, Chrysalis Ventures is a leading source of equity capital for young growth companies in the Southeast and Midwest. Chrysalis invests primarily in early-stage and expansion-stage companies in technology-enabled business services, media and entertainment, and healthcare information technology and services. Based in Louisville, Kentucky, Chrysalis has more than $200 million under management and has made investments in 40+ companies.
For more information, please visit www.chrysalisventures.com
Advanced Equities
Advanced Equities Financial Corporation, through its subsidiaries is a full-service broker-dealer and venture capital investment bank. A leader in late-stage private equity financing for the United States technology market, as well as one of the nation's top twenty independent retail brokerage firms, Advanced Equities focuses on the void between private and angel investors, venture capital and an Initial Public Offering.
For more information, please visit www.advancedequities.com
Full Circle Funding
Full Circle Funding in concert with First Capital provides Ygnition with one of the most flexible and largest debt facilities in the Private Cable Industry. Full Circle is a specialty finance company formed in September 2005 to originate and acquire senior secured loans, participating debt instruments and leases in niche or underserved markets. Full Circle Capital offers flexible borrowing solutions to media and communications companies for the purpose of growth capital and new development, acquisitions and/or refinancing of existing capital.
For more information please visit www.fcfcapital.com
First Capital
First Capital in concert with Full Circle Funding provides Ygnition with one of the most flexible and largest debt facilities in the Private Cable Industry. First Capital is one of the largest independent full service commercial finance companies in the United States, and since 1987 has been providing prompt, professional and reliable financing solutions.
For more information please contact visit www.firstcapital.com