SG Credit Partners Provides $3 Million Growth Capital Facility To Foresite

Santa Monica, CA (September 20, 2021) – SG Credit Partners today announced $3 million growth capital facility to Foresite, a leader in cybersecurity managed security services, compliance, and consulting.

“Accelerating digital transformation requires pivoted business strategies and technological shifts for enabled speed and agility,” said Matt Gyde, Foresite Chief Executive Officer.  “Foresite Cybersecurity is expanding its offering in cloud-based security operations to facilitate new ways of working and problem-solving for our customers.”

Foresite is a portfolio company of Elsewhere Partners, an Austin, Texas-based growth-stage venture capital firm focused primarily on B2B software companies. “Foresite offers mid-market and enterprise customers a turnkey cybersecurity solution through their proprietary, AI-driven ProVision software platform and complementary assurance and consulting services,” said Michael Massad, Vice President at Elsewhere Partners.

“We are thrilled to partner with the team at Foresite and to assist the Company in achieving its growth objectives”, said Spencer Brown, Managing Director of SG Credit Partners. “There has never been a better time for businesses to invest in cybersecurity support and there are very few companies that can compete with Foresite’s product suite, service level, and price point”.

About Foresite

Foresite is a leading cybersecurity solutions provider, delivering a range of solutions designed to help clients meet their cybersecurity and compliance objectives. Our ProVision platform enables custom-tailored SOC operations including 24x7 advanced threat detection, response, patch management, and assessment of hybrid environments. ProVision’s powerful analytics focuses billions of alerts in real-time into the few that matter most, allowing security teams to work more efficiently. We serve customers from SMB to enterprise in almost every vertical. In the face of increasingly persistent cyber-threats, Foresite’s solutions empower organizations with vigilance and expertise to proactively identify, respond to, and remediate cyber-attacks and breaches where they occur. For more information, visit us at www.foresite.com.

About SG Credit Partners, Inc.

SG Credit Partners is a family-office backed lender providing situational capital to lower middle market businesses and entrepreneurs requiring tailored solutions and certainty to close. We’ve established a broad credit platform to solve capital needs that traditional banks, non-bank lenders, single-product lenders, and larger funds cannot due to regulatory, timing, funding, or size constraints.  For more information, visit us at www.sgcreditpartners.com.

About Elsewhere Partners

Elsewhere Partners is a growth-stage venture capital firm that invests in Elsewhere Outliers – business software companies that are located outside of traditional venture capital hubs and have achieved substantial customer traction and revenue growth without significant outside funding. Elsewhere Partners combines transitional capital with transformational expertise to help companies achieve exit readiness on their own terms. To learn more, visit www.elsewhere.partners.