Press Release                                                                     

5/26/22

Boise, ID                                                                    

          

SAGE GROWTH CAPITAL ANNOUNCES INVESTMENT 

IN CYBERREEF SOLUTIONS, INC.

 

Sage Growth Capital announces a new investment in CyberReef Solutions, a Louisiana-based company. CyberReef is the first patented cloud-based SaaS solution for businesses, governments, and educational institutions in need of mobile data bandwidth management and secure private networking. CyberReef's services are built around their MobileWall solution, a mobile firewall that provides customers with security, visibility, and control over their data. MobileWall empowers customers to lower data usage and costs through the industry's first application throttling, while simultaneously securing previously unprotected traffic.

 

CyberReef CEO, Hilton Nicholson, says, “Sage Growth Capital investment into CyberReef is slated to create more break-through industry firsts like our recently released application throttling. MobileWall is changing the conversation on mobile data usage to encompass not only cost saving but employee satisfaction and corporate culture.  And we are excited to see how Sage Growth Capital will help us create those conversations.”

 

Sage Growth Capital Managing Partner, Denise Dunlap, says, “CyberReef is uniquely positioned for significant growth, with a seasoned team and strong technology. Sage Growth Capital is pleased to provide the capital to facilitate that growth. We look forward to their continued success.”

 

About CyberReef

 

Founded in 2012, CyberReef is the home of MobileWall, the industry’s first patented mobile firewall. The cloud-based service enables secure, on-demand mobile private networking and bandwidth management for businesses, governments and educational institutions. MobileWall gives customers unprecedented security, visibility and control over their private mobile networks. It also solves critical business challenges, such as collapsing time to deployment from months to days, reducing data usage and costs by 50-70 percent, and replacing unsecured wireless connections with end-to-end encryption. For more information on CyberReef, visit: www.cyberreef.com or call 877-619-6919.

 

About Sage Growth Capital

 

Sage Growth Capital makes revenue-based investments in companies who need growth capital. It is our mission to provide a more flexible funding option to growing companies who do not fit traditional equity or lending models. To learn more about Sage Growth Capital or to apply for funding, visit: www.sagegrowthcapital.com.