How Much Did CORDEV Raise?
Funding & Key Investors

CORDEV has successfully secured a significant capital injection, bringing its total funding to $1M. This latest major strategic investment of $1M underscores the firm's robust position within the defense and telecommunications sector. By leveraging this financial backing, the company continues to solidify its role as a critical partner for government-led information management initiatives, demonstrating a clear trajectory of growth and operational stability in a highly specialized market.

What is CORDEV?

CORDEV
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CORDEV operates as a specialized provider of enterprise-level information technology and telecommunications services, primarily serving the complex needs of the United States Army. Originally established to support mission-critical installation requirements under the Directorates of Information Management, the company has evolved alongside the military's organizational shifts. Following the transition to the Information Management and Communications Services program and the subsequent formation of Network Enterprise Centers under NETCOM, CORDEV has scaled its technical expertise. Today, the firm is recognized for its deep domain knowledge in managing large-scale network infrastructure, ensuring seamless connectivity and operational readiness for mission-critical defense environments. Its market position is defined by long-term institutional partnerships and a proven track record of adapting to the rigorous standards of federal IT procurement.

How much funding has CORDEV raised?

CORDEV has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in CORDEV

PPP

Public-Private Partnership

What's next for CORDEV?

With the infusion of this recent capital, CORDEV is well-positioned to accelerate its strategic objectives, focusing on the modernization of enterprise IT frameworks and the expansion of its service delivery capabilities. The company is expected to prioritize the integration of advanced telecommunications technologies to meet the evolving demands of Network Enterprise Centers. By maintaining its focus on high-stakes government contracts, CORDEV aims to leverage this financial momentum to enhance its competitive edge, potentially exploring new avenues for technical innovation and operational efficiency. The firm's roadmap suggests a continued commitment to supporting the digital transformation of defense infrastructure, ensuring that its service offerings remain aligned with the shifting requirements of its primary military stakeholders.

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Frequently Asked Questions Regarding CORDEV Financial Insights

What are the most recent funding rounds that CORDEV has completed, and what were the funding rounds?
CORDEV has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding CORDEV has raised to date?
CORDEV has raised a total of $1M in funding to date.
How many funding rounds has CORDEV completed?
CORDEV has completed 1 funding rounds.
How much funding did CORDEV raise in its most recent funding round?
CORDEV raised $1M in its most recent funding round.
Who are the lead investors in CORDEV's latest funding round?
The lead investor in CORDEV'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 CORDEV's history?
The largest funding round in CORDEV's history was $1M.
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