US Capital Global Securities Announces $10MM Convertible Note Offering for Cyber Security Firm, RedShift Networks
May 23, 2024
Source: US Capital Global Securities LLC,
Explore an exclusive investment opportunity in RedShift Networks, an AI-based cybersecurity solutions provider serving the voice and SMS communication industry.
SAN FRANCISCO, MAY 2024 – US Capital Global Securities LLC, an SEC-registered affiliate of renowned global financial group US Capital Global, is pleased to present eligible investors with a unique investment opportunity to participate in an investment round of up to $10 million for RedShift Networks (“RedShift” or the “Company”). RedShift provides real-time threat protection, remediation, and troubleshooting to enterprises, cloud operators, telecommunication carriers, and managed service providers (MSPs).
Based in Silicon Valley, RedShift works with over 50 major global carriers, including AT&T, MetTel, Momentum Telecom, Windstream, Government Energy Agency, America Movil, Orange, Telefonica, Bestel, and Vivo, protecting over 265 million users and processing over 28.6 million daily active sessions. To date, the Company has identified more than 27 million VoIP (Voice over Internet Protocol) security threat alerts across the installed base and identifies over 29,000 fraud incidents per day.
“There are hidden vulnerabilities in enterprise and service provider voice networks, allowing predators to wreak havoc on both data and voice communication infrastructures,” said Phanindra Jujjavarapu, Founder, Chairman, and CEO of RedShift. “Our mission is to identify and prevent these attacks through cutting-edge cyber security solutions. We are poised to launch a mobile application in 2024, designed to authenticate incoming calls and messages. This pioneering app represents a pivotal milestone, seamlessly bridging the security gap from network infrastructure to individual user devices, and heralds a significant avenue for growth.”
“Telecom fraud stands as a formidable challenge to the US economy, with VoIP emerging as a primary target, inflicting substantial financial losses,” added Charles Towle, CEO at US Capital Global Securities LLC. “In 2022 alone, VoIP fraud accounted for a staggering $50 billion in damages. Consequently, the cybersecurity sector has witnessed consistent expansion. The Session Initiation Protocol that RedShift supports is dominating the market with the largest market share over the forecast period, according to Spherical Insights. For investors seeking opportunities, RedShift presents a compelling proposition in our view, with eligible investors now invited to participate in a distinctive $10 million convertible note offering.”
About RedShift Networks
Headquartered in Silicon Valley, RedShift is a leading AI-based cybersecurity solutions provider serving the voice and SMS communication industry. Using patented architecture and AI algorithms, RedShift utilizes Unified Communications Threat Management (UCTM) technology, which provides a central point for management, detection, mitigation, and prevention of malicious VoIP attacks and threats. UCTM helps customers avoid various security threats, including theft elimination, DDoS attacks, robocalls, BotNet attacks, registration hijacking, and network issues. To learn more, visit www.redshiftnetworks.com.
About US Capital Global
US Capital Global Securities LLC (“USCGS”) serves as the FINRA-member broker-dealer division of US Capital Global, specializing in facilitating growth-stage investments. Since 1998, US Capital Global has been dedicated to providing lower middle market businesses and investors with sophisticated investment opportunities. For further details about US Capital Global Securities or this investment opportunity, contact Frank Villarreal, Managing Director and Partner, at fvillarreal@uscapital.com or call +1 415-350-4092.
Disclaimer: USCGS or its affiliates may provide advice to, be compensated by, have other business relationships with, or may from time to time acquire, hold, or sell a position in the securities of the issuers mentioned herein. Any offer or solicitation shall be made only pursuant to the confidential private placement memorandum. View USCGS’ Form CRS at www.uscapglobalsecurities.com/crs.html.