How Much Did Celluphone Raise?
Funding & Key Investors

Celluphone, a significant player in the wholesale distribution of wireless equipment, has recently secured a $350K in a major strategic investment, contributing to its overall funding of $350K. This latest capital infusion underscores the company's established position and ongoing strategic initiatives within the dynamic telecommunications sector. The context of this funding suggests Celluphone is operating at a mature, late-stage phase, likely focused on optimizing operations and expanding market reach.

What is Celluphone?

Celluphone
RetailEcommerce Platforms

Founded in 1983 and headquartered in Los Angeles, California, Celluphone, Inc. specializes in the wholesale distribution of a comprehensive range of wireless equipment. Their product portfolio includes smartphones, feature phones, internet devices, and essential accessories. Beyond hardware, Celluphone provides online tools tailored for large retail chains and offers dedicated personal support services. The company also extends its support to dealers through sale, training, marketing, and equipment support services, serving independent wireless retailers across the United States. An additional office is maintained in Elmhurst, Illinois.

How much funding has Celluphone raised?

Celluphone has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Celluphone

PPP

Public-Private Partnership

What's next for Celluphone?

With the recent strategic investment, Celluphone is poised to further solidify its market presence and potentially explore new avenues for growth. This capital will likely be directed towards enhancing its distribution network, optimizing its online service offerings for retail partners, and potentially expanding its product catalog to include emerging wireless technologies. The company's long operational history and focus on dealer support suggest a strategy centered on sustained market share and operational efficiency in the competitive wireless equipment wholesale sector.

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

Additional financial insights in the Retail industry

Home Improvement & Hardware RetailRetail
FurnitureRetail
Grocery RetailRetail
Office Products Retail & DistributionRetailConsumer ServicesOther Rental Stores (Furniture, A/V, Construction & Industrial Equipment)Repair Services

Frequently Asked Questions Regarding Celluphone Financial Insights

What are the most recent funding rounds that Celluphone has completed, and what were the funding rounds?
Celluphone has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Celluphone has raised to date?
Celluphone has raised a total of $350K in funding to date.
How many funding rounds has Celluphone completed?
Celluphone has completed 1 funding rounds.
How much funding did Celluphone raise in its most recent funding round?
Celluphone raised $350K in its most recent funding round.
Who are the lead investors in Celluphone's latest funding round?
The lead investor in Celluphone'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 Celluphone's history?
The largest funding round in Celluphone's history was $350K.
See more information about Celluphone