What is Control Devices?
Control Devices Inc. is a key player in the Test & Measurement Equipment industry, operating from Broken Arrow, Oklahoma. With a workforce of 20 to 49 employees and an estimated revenue between $1 million and $5 million, the company specializes in providing essential tools and solutions for various testing and measurement applications. Its focus on this critical industrial segment positions it as a vital contributor to manufacturing and quality control processes.
How much funding has Control Devices raised?
Control Devices has raised a total of $454K across 2 funding rounds:
Debt
$150K
Debt
$304K
Debt (2020): $150K with participation from PPP
Debt (2021): $304K led by PPP
What's next for Control Devices?
The substantial capital infusion, particularly the recent strategic investment, signals a phase of accelerated growth and potential market consolidation for Control Devices. This late-stage funding is likely earmarked for scaling production capabilities, enhancing research and development for next-generation testing equipment, and potentially expanding its market reach through strategic partnerships or acquisitions. The company is poised to leverage this financial backing to solidify its competitive advantage and drive innovation within the Test & Measurement Equipment landscape.
See full Control Devices company page
