AAA Sorenson cracks AccessData

Sorenson cracks AccessData

Sorenson Capital Partners has participated in a $45m round of funding into AccessData, a digital forensics, cyber security and litigation support company. There was also involvement from debt and equity provider Silicon Valley Bank.

The investment consists of a $20m equity trade from Sorenson Capital and $25m in structured debt from Silicon Valley Bank.

Tim Leehealey, chief executive of  AccessData, said: “By consolidating our ownership and adding a strategic partner like Sorenson Capital, while strengthening our relationship with Silicon Valley Bank, AccessData is better positioning itself to take advantage of its unique place in the market”.

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