How Much Did CloudWyze Raise?
Funding & Key Investors

CloudWyze, an IT cybersecurity service provider based in Wilmington, NC, has secured $1.1M in total funding, with its most recent capital infusion amounting to $304K from a major strategic investment. This significant backing underscores the company's pivotal role in delivering tailored technology solutions across critical sectors such as healthcare, finance, and education.

What is CloudWyze?

CloudWyze
Business ServicesSoftware Testing

CloudWyze specializes in comprehensive IT cybersecurity services, offering solutions that encompass cybersecurity, communications, cloud solutions, and connectivity. The company primarily serves small to medium-sized businesses, focusing on ensuring business continuity and robust protection against evolving cyber threats. Their commitment to 24/7 IT support and proactive monitoring aims to enhance operational efficiency for their clientele. The enterprise-level funding context suggests CloudWyze is in a significant growth phase, likely scaling its operations and expanding its market reach.

How much funding has CloudWyze raised?

CloudWyze has raised a total of $1.1M across 3 funding rounds:

2020

Unspecified

$650K

Debt

$150K

2021

Debt

$304K

Unspecified (2020): $650K, investors not publicly disclosed

Debt (2020): $150K led by PPP

Debt (2021): $304K supported by PPP

Key Investors in CloudWyze

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for CloudWyze?

With substantial enterprise-level backing, CloudWyze is strategically positioned for accelerated growth and market expansion. The recent major strategic investment indicates a strong confidence from investors in the company's business model and its capacity to address the increasing demand for advanced IT cybersecurity solutions. Future initiatives are expected to focus on enhancing service offerings, potentially expanding into new verticals, and strengthening its technological infrastructure to maintain a competitive edge in the dynamic cybersecurity landscape. This capital infusion will likely fuel innovation and bolster the company's ability to serve a broader client base.

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Frequently Asked Questions Regarding CloudWyze Financial Insights

What are the most recent funding rounds that CloudWyze has completed, and what were the funding rounds?
CloudWyze has recently completed 3 funding rounds: Debt on Feb 11, 2021, Debt on Apr 4, 2020, Unspecified on Jan 24, 2020.
What is the total amount of funding CloudWyze has raised to date?
CloudWyze has raised a total of $1.1M in funding to date.
How many funding rounds has CloudWyze completed?
CloudWyze has completed 3 funding rounds.
How much funding did CloudWyze raise in its most recent funding round?
CloudWyze raised $304K in its most recent funding round.
Who are the lead investors in CloudWyze's latest funding round?
The lead investor in CloudWyze'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 CloudWyze's history?
The largest funding round in CloudWyze's history was $650K.
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