Predict your next investment

Diversified Financial Services
FINANCE | Asset/Financial Management
advancedequities.com

See what CB Insights has to offer

Investments

66

Portfolio Exits

14

Funds

1

Partners & Customers

1

About Advanced Equities Financial

Advanced Equities Financial Corp. is a progressive full-service broker-dealer and venture capital investment bank. Advanced Equities' Financial Services Group is one of the 20 largest independent brokerage firms in the U.S., with approximately 600 financial advisors providing retail brokerage services from over 200 domestic branch locations and over $14 billion in client assets. AEFC consists of five main business units: the Venture Capital Investment Banking Group, the Wealth Management Group, the Asset Management Group, the Independent Advisor Group and the Private Client Group.

Advanced Equities Financial Headquarter Location

311 South Wacker Drive Suite 6150

Chicago, Illinois, 60606,

United States

800-474-0900

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Advanced Equities Financial News

Ygnition Networks Raises $13M in Preferred “D” Round Financing

Aug 2, 2018

You are here: Home May 31, 2005 Company continues rapid growth, firmly in place as pre-eminent provider to the Multi-Family Broadband Market Seattle, Washington. (May 31, 2005) — Ygnition Networks, a leading provider of broadband services to the multi-family real estate industry, announced that it has closed a $13 million Series D funding, led by Advanced Equities of Chicago. Advanced Equities joins existing firms ComVentures of Palo Alto, CA, and Chrysalis Ventures of Louisville, KY as lead investors in the nearly four year old broadband company. Seattle based Ygnition provides Video, High Speed Internet, and Digital Voice solutions to over 150,000 apartment units in TX, CO, AZ, UT, CA, OR, IL, FL and WA. These apartment communities are owned and operated by some of the largest and most high profile property management companies, REITs and private owners in the country. The company also provides business customers with low-cost point-to-point T-1 data circuits and T-1 Internet circuits nationwide. Recent acquisition activity has positioned Ygnition as one of the largest providers specializing in delivering communication services to the MDU industry, and the major growth company in this sector. Over the course of the past four years, Ygnition has purchased the network assets of numerous distressed service providers and integrated those assets into one network that is capable of delivering a full suite of communication services to consumers living in communities throughout its operating footprint. “We continue to see ample growth opportunities and this latest round of financing will quickly be invested in additional revenue generating assets” stated Glenn Meyer, CEO of Ygnition, “We have several acquisitions under Letter of Intent and we are also experiencing solid growth in our organic sales efforts”. Keith Daubenspeck, Chairman of Advanced Equities, stated the “Due to Ygnition’s proven business model, experienced management team and future growth opportunities, we were pleased to lead this round of financing and recommend Ygnition to our valued clients.” “We enthusiastically support Ygnition with our further investment. We believe there is a large, untapped market which Ygnition continues to dominate,” said Cliff Higgerson, Managing Partner of Comventures. “Ygnition has shown steady progress and continues to solidify its position as a leader in this market, meeting the investment criteria that our clients demand,” stated Bob Saunders , Chrysalis Ventures managing director. About Ygnition Networks Ygnition is a leading provider of communication services to the real estate industry. The company is headquartered in Seattle, Washington and maintains regional offices in Walnut Creek, California, Dallas and Houston, Texas. For more information, please visit www.ygnition.com or by telephone at 206-574-5460. About Advanced Equities Advanced Equities Financial Corporation, through its subsidiaries, is a full-service broker dealer and venture capital investment bank. We are 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. We are an investment bank that, unlike traditional institutions, invests in companies to fill the void between private and angel investors, venture capital and an Initial Public Offering. For more information, please visit www.advancedequities.com About ComVentures ComVentures, based in Palo Alto, California, is a venture capital firm managing over $1.2 billion. ComVentures focuses its investment expertise on pioneering, progressive companies that capitalize on the constant drive to build next-generation network infrastructure, software, and services. ComVentures consistently uncovers groundbreaking communications technologies, helps lead and grow its portfolio companies, and assists these companies in deploying new technologies in an ever-changing marketplace. For more information, please visit www.comventures.com . About 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 healthcare information technology and services, media and communications, and education and training. Based in Louisville, Kentucky, Chrysalis has more than $200 million under management and has made investments in over 45 companies. Ygnition Corporate Contact:

Advanced Equities Financial Investments

66 Investments

Advanced Equities Financial has made 66 investments. Their latest investment was in Alien Technology as part of their Series K - II on November 11, 2011.

CBI Logo

Advanced Equities Financial Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/8/2011

Series K - II

Alien Technology

$15M

No

9/16/2011

Series G

Bloom Energy

$150M

No

3

4/8/2011

Series D

Suniva

$115M

No

3

3/21/2011

Series E

Subscribe to see more

$99M

Subscribe to see more

10

4/23/2010

Series B

Subscribe to see more

$99M

Subscribe to see more

0

Date

11/8/2011

9/16/2011

4/8/2011

3/21/2011

4/23/2010

Round

Series K - II

Series G

Series D

Series E

Series B

Company

Alien Technology

Bloom Energy

Suniva

Subscribe to see more

Subscribe to see more

Amount

$15M

$150M

$115M

$99M

$99M

New?

No

No

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

3

3

10

0

Advanced Equities Financial Portfolio Exits

14 Portfolio Exits

Advanced Equities Financial has 14 portfolio exits. Their latest portfolio exit was Planful on December 13, 2018.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/13/2018

Acq - Fin

$99M

5

7/25/2018

IPO

$99M

Public

1

7/12/2018

Acquired

$99M

2

4/4/2016

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

8/13/2015

Corporate Majority

Subscribe to see more

$99M

Subscribe to see more

10

Date

12/13/2018

7/25/2018

7/12/2018

4/4/2016

8/13/2015

Exit

Acq - Fin

IPO

Acquired

Acquired

Corporate Majority

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Public

Subscribe to see more

Subscribe to see more

Sources

5

1

2

10

10

Advanced Equities Financial Acquisitions

2 Acquisitions

Advanced Equities Financial acquired 2 companies. Their latest acquisition was FAS Holdings on February 09, 2005.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/9/2005

$99M

Acquired

10/1/2004

Subscribe to see more

$99M

Subscribe to see more

10

Date

2/9/2005

10/1/2004

Investment Stage

Companies

Subscribe to see more

Valuation

$99M

$99M

Total Funding

Note

Acquired

Subscribe to see more

Sources

10

Advanced Equities Financial Fund History

1 Fund History

Advanced Equities Financial has 1 fund, including AEI Fisker VI.

Closing Date

Fund

Fund Type

Status

Amount

Sources

4/25/2011

AEI Fisker VI

Late-Stage Venture Capital

Withdrawn

$17M

1

Closing Date

4/25/2011

Fund

AEI Fisker VI

Fund Type

Late-Stage Venture Capital

Status

Withdrawn

Amount

$17M

Sources

1

Advanced Equities Financial Partners & Customers

1 Partners and customers

Advanced Equities Financial has 1 strategic partners and customers. Advanced Equities Financial recently partnered with MetricStream on May 5, 2005.

Date

Type

Business Partner

Country

News Snippet

Sources

5/11/2005

Vendor

United States

Advanced Equities selects MetricStream for Sarbanes-Oxley Compliance. Advanced Equities selects MetricStream for Sox Compliance - Press News

Redwood Shores , Calif. - May 11 , 2005 - MetricStream , Inc. , a market leader in the enterprise-wide quality and compliance software solutions today announced that Advanced Equities Financial Corp. , a diversified financial services company , has selected MetricStream , Inc. 's solution for compliance with the Sarbanes-Oxley .

1

Date

5/11/2005

Type

Vendor

Business Partner

Country

United States

News Snippet

Advanced Equities selects MetricStream for Sarbanes-Oxley Compliance. Advanced Equities selects MetricStream for Sox Compliance - Press News

Redwood Shores , Calif. - May 11 , 2005 - MetricStream , Inc. , a market leader in the enterprise-wide quality and compliance software solutions today announced that Advanced Equities Financial Corp. , a diversified financial services company , has selected MetricStream , Inc. 's solution for compliance with the Sarbanes-Oxley .

Sources

1

Advanced Equities Financial Team

3 Team Members

Advanced Equities Financial has 3 team members, including former Executive Vice President, Edward Chorle.

Name

Work History

Title

Status

Edward Chorle

Executive Vice President

Former

Jayme Kurtyka

Managing Director

Former

Mark A. Solovy

Managing Director

Former

Name

Edward Chorle

Jayme Kurtyka

Mark A. Solovy

Work History

Title

Executive Vice President

Managing Director

Managing Director

Status

Former

Former

Former

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.