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Stock impact report

Rand Capital Provides $1.5 Million of $5 Million Follow-on Investment in Tilson Technology Management, Inc.

Rand Capital Corporation - Closed End Fund (RAND) 
US:NASDAQ Investor Relations: ir.randcapital.com
Company Research Source: Marketwire
BUFFALO, NY -- (Marketwired) -- 12/12/17 -- Rand Capital Corporation (NASDAQ: RAND) ("Rand"), a venture capital company which invests in growth businesses with unique product, service or technology concepts, announced that it recently funded a $1.5 million follow-on investment in Tilson Technology Management, Inc. ("Tilson"). Consisting of an infusion of both equity and debt capital, Rand's investment was part of a $5 million total D round financing to support Tilson's growth. Tilson is an award-winning, veteran-owned IT professional services and network deployment firm. The company primarily operates in two fast growing markets: 1) network deployment for cellular carriers, utilities, and governments; and 2) consulting for construction IT, broadband and energy, and government institutional markets. Recognized for its sustained high growth, Tilson has been on the prestigious Inc. 5000 list of fastest-growing private U.S. companies for seven consecutive years, from 2 Show less Read more
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