ControlByWeb Funding: How Much Did They Raise & Key Investors

How Much Did ControlByWeb Raise?
Funding & Key Investors

ControlByWeb has secured $150K in total funding, with its most recent financing round bringing in $150K. This significant capital infusion, characterized as a major strategic investment, underscores the company's advanced stage of development and its potential for substantial growth in its sector.

The company's financial trajectory, marked by this recent backing, positions it to further its strategic objectives and expand its market presence.

What is ControlByWeb?

ControlByWeb

Business Services

Software Testing

Computer Equipment & Peripherals

ControlByWeb, formerly Xytronix Research & Design, Inc., has evolved from its origins as a contract engineering firm established in 1999. Based in Nibley, Utah, the company now specializes in providing advanced computer equipment products and services. Its transition signifies a strategic pivot towards offering proprietary solutions and expanding its client base beyond contract work, leveraging its engineering expertise to develop and market its own product lines.

How much funding has ControlByWeb raised?

ControlByWeb has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in ControlByWeb

PPP

Public-Private Partnership

What's next for ControlByWeb?

With the recent strategic investment, ControlByWeb is poised for a new phase of expansion and innovation. The substantial capital injection, contextualized within a large-scale late-stage funding environment, suggests a focus on scaling operations, enhancing product development, and potentially exploring new market opportunities. This backing will likely enable ControlByWeb to solidify its competitive position and accelerate its growth trajectory, building upon its established foundation in computer equipment and services.

See full ControlByWeb company page

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