How Much Did Able Microsystems Raise?
Funding & Key Investors

Able Microsystems, formerly recognized as KIS Computer Center, represents a case study in the lifecycle of technology-oriented service providers. The firm secured a total capital injection of $150K throughout its operational tenure, culminating in a $150K debt financing round finalized on April 9, 2020. This strategic investment served as a critical liquidity event during the company's final phase of market activity before its eventual closure in 2021.

What is Able Microsystems?

Able Microsystems
RetailEcommerce PlatformsBusiness Services

Historically, Able Microsystems functioned as a comprehensive provider of computer-related products and technical services. Positioned within the competitive landscape of regional IT support and hardware distribution, the entity maintained a focus on delivering integrated solutions to its client base. Despite its established presence and the infusion of significant debt capital, the company ceased all commercial operations in 2021, marking the conclusion of its business cycle. The entity's legacy is currently managed through administrative channels in Hacienda Heights, California, reflecting the final wind-down of its corporate obligations.

How much funding has Able Microsystems raised?

Able Microsystems has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Able Microsystems

PPP

Public-Private Partnership

What's next for Able Microsystems?

Following the cessation of operations in 2021, the strategic outlook for Able Microsystems is centered on the finalization of corporate dissolution and the management of residual administrative affairs. The capital structure, heavily influenced by the $150K debt instrument, underscores the challenges inherent in scaling legacy computer service models in an increasingly cloud-native and automated market. Future analysis of this entity serves primarily as a retrospective examination of late-stage capital allocation and the operational volatility associated with traditional IT service firms during periods of rapid digital transformation.

See full Able Microsystems company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Retail industry

Home Improvement & Hardware RetailRetail
Home Improvement & Hardware RetailRetail
Home Improvement & Hardware RetailRetail
RetailSporting & Recreational Equipment RetailApparel & Accessories Retail

Frequently Asked Questions Regarding Able Microsystems Financial Insights

What are the most recent funding rounds that Able Microsystems has completed, and what were the funding rounds?
Able Microsystems has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Able Microsystems has raised to date?
Able Microsystems has raised a total of $150K in funding to date.
How many funding rounds has Able Microsystems completed?
Able Microsystems has completed 1 funding rounds.
How much funding did Able Microsystems raise in its most recent funding round?
Able Microsystems raised $150K in its most recent funding round.
Who are the lead investors in Able Microsystems's latest funding round?
The lead investor in Able Microsystems's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Able Microsystems's history?
The largest funding round in Able Microsystems's history was $150K.
See more information about Able Microsystems