How Much Did Coastech Raise?
Funding & Key Investors

Coastech has secured significant capital, with its total funding reaching $318K. The company recently announced a $168K investment, marking a major strategic investment in its operations. This latest round of financing underscores Coastech's position in the data recovery sector and its potential for future growth.

What is Coastech?

Coastech
Business ServicesSoftware TestingConsumer Services

Coastech is a specialized firm focused on the intricate process of recovering data from a wide array of data storage devices and media. Leveraging cutting-edge data recovery technology, the company aims to provide the most efficient and rapid data retrieval solutions available. Its expertise is critical for businesses and individuals facing data loss scenarios, positioning Coastech as a vital service provider in the digital preservation landscape.

How much funding has Coastech raised?

Coastech has raised a total of $318K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$168K

Debt (2020): $150K with participation from PPP

Debt (2021): $168K led by PPP

Key Investors in Coastech

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Coastech?

With substantial backing and a recent strategic investment, Coastech is poised for an accelerated growth phase. The company's focus on advanced data recovery technology suggests a commitment to innovation and expanding its service capabilities. This late-stage funding will likely be instrumental in scaling operations, enhancing technological infrastructure, and potentially exploring new market opportunities within the data management and recovery industry. The strategic nature of the recent financing indicates a strong belief in Coastech's long-term viability and market impact.

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Frequently Asked Questions Regarding Coastech Financial Insights

What are the most recent funding rounds that Coastech has completed, and what were the funding rounds?
Coastech has recently completed 2 funding rounds: Debt on Mar 13, 2021, Debt on May 27, 2020.
What is the total amount of funding Coastech has raised to date?
Coastech has raised a total of $318K in funding to date.
How many funding rounds has Coastech completed?
Coastech has completed 2 funding rounds.
How much funding did Coastech raise in its most recent funding round?
Coastech raised $168K in its most recent funding round.
Who are the lead investors in Coastech's latest funding round?
The lead investor in Coastech'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 Coastech's history?
The largest funding round in Coastech's history was $168K.
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