How Much Did Ascent Data Raise?
Funding & Key Investors

Ascent Data has successfully secured a significant capital injection, bringing its total cumulative financing to $150K. This latest round, characterized by a $150K major strategic investment, underscores the firm's robust trajectory within the competitive managed IT services landscape. By leveraging this influx of capital, the Pittsburgh-based enterprise is well-positioned to accelerate its operational capabilities and expand its footprint in the cloud migration and cybersecurity sectors.

What is Ascent Data?

Ascent Data
Business ServicesSoftware Testing

Ascent Data operates as a critical infrastructure partner for small to mid-sized businesses, offering a comprehensive suite of managed IT services. The company distinguishes itself through a commitment to SOC2 audited standards, ensuring that its cloud storage, proactive IT management, and cybersecurity protocols meet rigorous industry benchmarks. By offloading the complexities of IT maintenance to Ascent Data, clients are empowered to prioritize core business growth, supported by a firm that specializes in high-availability data center solutions and seamless digital transformation strategies.

How much funding has Ascent Data raised?

Ascent Data has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Ascent Data

PPP

Public-Private Partnership

What's next for Ascent Data?

With the successful closure of this late-stage funding, Ascent Data is poised to transition into a phase of aggressive market penetration and service diversification. The strategic allocation of these funds will likely focus on enhancing the firm's proprietary security frameworks and scaling its cloud migration expertise to meet the rising demand for resilient IT infrastructure. As the company continues to refine its service delivery model, it remains focused on maintaining its reputation for reliability and technical excellence, ensuring that its client base remains protected against evolving digital threats while benefiting from optimized operational efficiency.

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Frequently Asked Questions Regarding Ascent Data Financial Insights

What are the most recent funding rounds that Ascent Data has completed, and what were the funding rounds?
Ascent Data has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Ascent Data has raised to date?
Ascent Data has raised a total of $150K in funding to date.
How many funding rounds has Ascent Data completed?
Ascent Data has completed 1 funding rounds.
How much funding did Ascent Data raise in its most recent funding round?
Ascent Data raised $150K in its most recent funding round.
Who are the lead investors in Ascent Data's latest funding round?
The lead investor in Ascent Data'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 Ascent Data's history?
The largest funding round in Ascent Data's history was $150K.
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