What is CORDEV?
CORDEV specializes in supporting mission-critical installation telecommunications requirements for customers within Army posts, initially under Directorates of Information Management (DOIMs). Following the Army's consolidation of post-level services into the Information Management and Communications Services (IMCS) program in 2003, and subsequent reorganization of DOIMs into Network Enterprise Centers (NECs) under NETCOM, CORDEV has evolved. The company now offers comprehensive enterprise IT and telecommunications solutions, adapting its expertise to meet the expanding needs of its clientele in the evolving defense and government IT landscape.
How much funding has CORDEV raised?
CORDEV has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in CORDEV
PPP
Public-Private Partnership
What's next for CORDEV?
The recent major strategic investment signals a pivotal growth phase for CORDEV. This capital infusion is expected to fuel further expansion of its service offerings and technological capabilities, likely targeting enhancements in enterprise IT infrastructure and advanced telecommunications solutions for government and defense sectors. The company's established presence within Army installations and its adaptability to organizational changes position it for continued success and deeper penetration into the government contracting market.
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