How Much Did Basic Solutions Raise?
Funding & Key Investors

Basic Solutions has secured $59K in total funding, with a recent capital infusion of $59K to fuel substantial expansion. This financing round, indicative of a significant Series B/C stage for the company, underscores its robust growth trajectory and market position in the applications and SaaS infrastructure sectors.

What is Basic Solutions?

Basic Solutions
Business ServicesSoftware TestingTelecommunications

Basic Solutions, Inc. is a Premier Software as a Service (SaaS) and Infrastructure as a Service (IaaS) provider with a decade of experience in the telecommunications and VoIP industry. The company has a proven track record, initially deploying a class five soft switch in the private label market and later optimizing a switch for wholesale termination and call center traffic. They developed a high-capacity SIP routing cluster, tested and hardened through national political campaigns, which salvaged numerous VoIP providers. Beyond termination services, Basic Solutions has also operated a mobile VoIP data network, established a high-speed LRN dipping service, and created a high-capacity Origination platform for national surveys. Their current offerings include hosted solutions for SIP-based carrier services, global and domestic SMS, voice blasting, and number dipping services, catering to enterprises of all sizes.

How much funding has Basic Solutions raised?

Basic Solutions has raised a total of $59K across 1 funding round:

2021

Debt

$59K

Debt (2021): $59K with participation from PPP

Key Investors in Basic Solutions

PPP

Public-Private Partnership

What's next for Basic Solutions?

With the recent substantial expansion capital, Basic Solutions is poised for significant growth. The company's strategic focus will likely involve scaling its hosted SIP-based carrier services and expanding its suite of communication solutions, including SMS and voice blasting. Leveraging their deep expertise in high-capacity termination and infrastructure, Basic Solutions aims to further solidify its position as a powerhouse in the applications and IaaS market, continuing to deliver best-in-class services to its enterprise clients.

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Frequently Asked Questions Regarding Basic Solutions Financial Insights

What are the most recent funding rounds that Basic Solutions has completed, and what were the funding rounds?
Basic Solutions has recently completed 1 funding rounds: Debt on Feb 11, 2021.
What is the total amount of funding Basic Solutions has raised to date?
Basic Solutions has raised a total of $59K in funding to date.
How many funding rounds has Basic Solutions completed?
Basic Solutions has completed 1 funding rounds.
How much funding did Basic Solutions raise in its most recent funding round?
Basic Solutions raised $59K in its most recent funding round.
Who are the lead investors in Basic Solutions's latest funding round?
The lead investor in Basic Solutions'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 Basic Solutions's history?
The largest funding round in Basic Solutions's history was $59K.
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