Sorenson Backs DigitalBridge

DigitalBridge, an Orem, Utah-based provider of information sharing technologies for digital ecosystems, has raised an undisclosed amount of private equity funding from Sorenson Capital Partners.

 

PRESS RELEASE

DigitalBridge(SM), the leader in protected information sharing technologies and solutions for digital ecosystems, today announced that it has received significant funding from Sorenson Capital Partners (SCP), to support its strategic growth for the next several years.

“We are very excited to work with Sorenson Capital. It is a world-class firm with a sterling reputation for investing in strong-performing companies,” said Terry Pitts, president and CEO of DigitalBridge. “I believe that our relationship with Sorenson and its distinguished executive team will provide the level of support and collaboration needed to ensure DigitalBridge not only captures new market share, but dominates in every market we enter.”

“DigitalBridge is an excellent company with a great management team,” added Fraser Bullock, managing director of Sorenson Capital. “We are excited about our partnership with DigitalBridge and expect the company to continue to successfully grow its position in the marketplace.”

The initial investment by Sorenson Capital will not be disclosed. However, both companies expect that the funding relationship will be a stable one that will be sustained over several years.

About DigitalBridge(SM)

DigitalBridge was founded in 2004, in Orem, Utah, by industry-leading executives from the technology, education, healthcare, justice and legal industries. DigitalBridge's mission is to build solutions that enable protected information sharing between individuals and organizations involved in simple and complex ecosystems, while protecting the security, privacy and integrity of the information. DigitalBridge's revolutionary, patent-pending DigitalFusion(TM) platform, incorporating Digital Packet Technology(TM), is a completely new architecture for managing information in motion. Our solutions provide protected information sharing to digital ecosystems in the education, justice, and healthcare markets. Our unique solutions interoperate with existing legacy systems without requiring replacement, allowing authorized users to access the right information, at the right time, in the right context, in a secure and timely manner, from any Web-enabled device. To learn more, please visit: http://www.digitalbridge.com.

    Your ecosystem, now digital(TM).
    We do that(TM).
    Welcome to DigitalBridge(SM).

About Sorenson Capital Partners

Sorenson Capital Partners, (http://www.sorensoncapital.com), is a private equity firm providing small- to middle-market buyouts and investments with a particular focus on opportunities in selected states in the West and Mountain West. Sorenson Capital is headquartered in Salt Lake City, Utah.