SG Credit Partners Delivers $3MM in Growth Financing to Foresite
SG Credit Partners provided a $3 million growth capital facility to Foresite, a cybersecurity software company providing security operations, compliance and consulting services.
Foresite sought non-dilutive growth capital to expand its cloud-based cybersecurity platform and customer reach. According to SG Credit Partners, it got comfortable with the transaction due to Foresite’s recurring revenue metrics, retention rates, management depth and ongoing support from investors.