What is Breakaway Technologies?
Breakaway Technologies, Inc. operates within the asset management and environmental services sector, distinguishing itself by offering high-quality IT equipment at competitive price points. The company caters to a broad spectrum of clients, ranging from Fortune 1000 corporations to smaller enterprises. Its core mission involves optimizing IT asset value while championing environmental sustainability. This dual focus, coupled with a strong commitment to client satisfaction, has cultivated a robust reputation, fostering repeat business and generating valuable referrals. As an accredited Women's Business Enterprise, Breakaway Technologies brings a unique perspective and a dedicated 'go-the-extra-mile' ethos to the industry.
How much funding has Breakaway Technologies raised?
Breakaway Technologies has raised a total of $60K across 1 funding round:
Debt
$60K
Debt (2021): $60K with participation from PPP
What's next for Breakaway Technologies?
With the recent influx of substantial expansion capital, Breakaway Technologies is poised for accelerated growth. The company's significant Series B/C stage funding context suggests a strategic pivot towards scaling operations, enhancing service offerings, and potentially broadening its market reach. This investment will likely fuel initiatives aimed at solidifying its position in asset management and environmental services, possibly through technological advancements, strategic partnerships, or increased operational capacity. The focus on expansion capital indicates a clear intent to leverage current market opportunities and strengthen its competitive advantage.
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