What is Barcom?
Established in 1991, Barcom specializes in providing comprehensive automated data collection solutions tailored for the manufacturing, distribution, transportation, and field service industries. The company excels in integrating its proprietary transaction software with robust hardware, including barcode scanners, mobile computing devices, tablets, and RFID/RTLS technologies, designed for demanding operational environments. Barcom's engineering team collaborates closely with client IT departments, offering end-to-end services from site analysis and application development to installation, deployment, and post-implementation support, all aimed at optimizing workflows and enhancing worker productivity through automated processes.
How much funding has Barcom raised?
Barcom has raised a total of $455K across 2 funding rounds:
Debt
$150K
Debt
$305K
Debt (2020): $150K with participation from PPP
Debt (2021): $305K led by PPP
Key Investors in Barcom
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Barcom?
The substantial capital infusion, characterized as large-scale late-stage funding, positions Barcom for accelerated expansion and further technological development. This strategic investment is likely to fuel enhancements in their software and hardware offerings, potentially expanding market reach into new verticals or deepening penetration within existing sectors. Barcom is poised to leverage this financial backing to solidify its leadership in providing integrated automated data collection systems, driving innovation and operational efficiency for its clientele.
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