The companies who all are making by using Providence Capital funding to expand the businesses are: Dropbox, Pinterest, Snapdeal, Netflix, LinkedIn, Fb, and Shopzilla. This is the third round of financing the Rhode Island based firm has received within 12 months. The capital to be used to support their particular business creation activities also to introducing new products and services in the consumer electronic market.
Regarding this, we would like to welcome you, Mr. Charles Delmonte, CEO of charité asset management capital. We are very happy to work with you in your effort and hard work to enhance the success of your business undertakings. In recent years, we have seen the evolution of our industry. Businesses in the technological area had to adapt to changes in the laws and policies that govern access to information and protection of perceptive property.
Reacting to this problem, capital money has become essential than ever. We expect that our firm has made smart decisions in choosing to obtain capital via angel investors compared to using hardware leasing. Accessories leasing is not only costly although terms commonly are not renewable plus the return on investment is limited, whereas we feel that working with angel investors can be quite a more estimated investment and one that comes with a clear way for success.