What is Consulting , Engineering & Development Services?
Founded in 1982, Consulting , Engineering & Development Services (CED Services) began as a high-quality design consultancy and product development firm. Under the leadership of Founder and CEO Steven Meyer, the company has consistently applied innovative engineering principles to address complex part development challenges across a multitude of industries. CED Services has a proven track record of delivering cost-effective and profitable solutions, evidenced by its steady expansion from a modest facility to its current 40,000 square foot machining facility in Oxford, CT. The company serves diverse sectors including aerospace, medical, electronics, telecommunications, automotive, defense, ultrasonics, printing and marking, nuclear, and semiconductor fields, offering comprehensive engineering design, manufacturing, assembly, and warehousing services.
How much funding has Consulting , Engineering & Development Services raised?
Consulting , Engineering & Development Services has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$740K
Debt (2020): $350K with participation from PPP
Debt (2021): $740K led by PPP
What's next for Consulting , Engineering & Development Services?
The recent major strategic investment, alongside substantial prior debt financing, positions Consulting , Engineering & Development Services for continued growth and operational enhancement. This capital infusion is likely to fuel further advancements in its engineering capabilities and manufacturing processes, enabling the company to maintain its competitive edge in serving high-demand industries. The company's long history and broad industry reach suggest a focus on scaling operations and potentially exploring new technological frontiers within its established markets.
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