Recognize Announces Strategic Investment in SDG Corporation

Funding Rounds

Summary

The Companys customer base includes blue-chip, enterprise firms, many of which are long-tenured relationships that require particularly complex and continuously evolving managed IAM and cybersecurity solutions. "We believe that their domain expertise and unparalleled strategic leadership can help us enhance our offerings and deliver even greater value to our customers while continuing to drive outsized growth in the dynamic IAM and cybersecurity markets. This transaction shows that Recognizes persistence in sourcing, deep relationship building, sector focus, and alignment with founders resonates in the market and creates valuable proprietary opportunities. With its strong customer and partner relationships, talented employee base and differentiated intellectual property, we believe SDG is well-positioned to capitalize on the significant market opportunity ahead. Piper Sandler served as financial advisor to SDG and Wiggin & Dana served as its legal counsel.With more than 30 years of experience partnering with global brands on complex business and IT challenges, SDG is a leading provider of technology, consulting, and managed services that enable organizations to confidently execute cybersecurity, identity, cloud, and risk management solutions to protect assets, mitigate risk, and grow securely.

$ Funding

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Amount - Total raised
Date December 9, 2024 Announcement date
Investors - Lead investors
Company https://www.sdgc.com/ Funded company

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