Caretta Partners invests in cSuite


Caretta Partners LLC has invested in cSuite. Financial terms weren’t announced. cSuite provides a “productivity” app that aims to help users manage mobile communication tools (email, text, calendar, contacts, Google, Dropbox) alongside a personal cloud that protects an individual’s data. cSuite launched its mobile and cloud-based platform in the U.S.

PRESS RELEASE

CHICAGO & SAN FRANCISCO (July 7, 2016) – Caretta Partners, LLC (“Caretta”), a Chicago-based growth equity investment platform, this week announced that its latest partner company, cSuite, has officially launched its mobile and cloud-based platform in the U.S.

cSuite is an integrated productivity application that helps users manage mobile communication tools (email, text, calendar, contacts, Google, Dropbox) alongside a secure, personal cloud that protects an individual’s data. Founded in 2014 by Rodrigo Coelho, cSuite has successfully developed an Android app which recently launched in the Google Play store. A cSuite iOS version which includes an encrypted communications platform is expected to launch in Fall 2016. Coelho’s knowledge in mobile data and cloud security provide strategic insight and key relationships to cSuite.

“cSuite simplifies and completely mobilizes encrypted communications within a personal, secure cloud” said Coelho. “Imagine you are sharing a document with your bank, accountant, colleague, or family member. With the simple press of a button, you can securely encrypt that message and attachment from end-to-end without third party intervention in key management. Suddenly account numbers, signatures, tax IDs, information subject to NDAs, and proprietary data are simply and easily secured on your tablet, phone, or laptop.”

Caretta’s investment in cSuite echoes Coelho’s mission for the delivery of security and peace-of-mind to its customers, as the firm continues to leverage expertise in growing differentiated, profitable companies. cSuite’s potential to address the issues of cybersecurity and digital life management is what initially drew Caretta to the company, given the firm’s focus on investing in “businesses that matter.” The firm previously announced an investment in ITAD provider HiTech Assets last month.

“cSuite is solving an important problem: the lack of control in personal and enterprise communication security,”  said Caretta founder Eric Becker.  “Our investment with cSuite reinforces Caretta’s investment strategy of partnering with founders who build businesses that are making a positive difference in their customers’ lives.”

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About cSuite

cSuite is a disruptive, integrated productivity application and cloud platform that helps users manage mobile communication tools (email, text, calendar, contacts, Google, Dropbox) in a secure, personal cloud that protects personal data. Responding to current and future consumer technology trends, cSuite is a mobile-first and cloud-first application. cSuite ensures secure information transfers by allowing users to launch and control their own encrypted, personal clouds. Users choose the location and provider that house and host their cloud, giving the user peace of mind. This personal cloud encrypts user messages – whether email, text or an attachment – without having to rely on an intermediary. For more information, visit www.csuiteapp.com.

About Caretta

Caretta is a growth equity investment firm that invests in companies that matter. We leverage over 30 years of experience buying and building companies to offer a tailored solution for investing in and supporting the growth of world-class small and medium sized businesses. We commit our capital with creativity and conviction. Our permanent capital structure allows us to be nimble, flexible and patient in our approach. For us, it’s about building outstanding partnerships without exception and fostering growth without friction. For more information, please visit us at caretta.co.

 

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