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Stradling

Kayne Partners Completes Investment in ProSOC, Inc.

Kayne Partners Fund

On November 28, 2016, ProSOC, Inc. (formerly Proficio, Inc.) announced the closing of a $12 million financing round, led by Stradling client Kayne Partners Fund.

Kayne Partners Fund is the growth private equity group of Kayne Anderson Capital Advisors, L.P., an alternative investment firm managing over $23 billion in assets. ProSOC is a Next-Generation Managed Security Service Provider (MSSP), providing a software service that effectively and affordably monitors and manages the security of networks, servers and applications. Nate Locke, partner at Kayne Partners, will join the ProSOC Board of Directors.  Read the press release.