SG Credit Provides $3.0 Million Growth Capital Facility to Foresite
SG Credit Profile: SaaS
The Company
A cybersecurity software company providing best in class security operations, compliance, and consulting services.
The Financing Situation
The Company was seeking non-dilutive growth capital to expand its cloud-based cybersecurity platform and customer reach.
The Solution
SG was able to get comfortable with the transaction due to the Company’s recurring revenue metrics, strong retention rates, management depth, and ongoing support from key investors.
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