How Much Did Data Communications Raise?
Funding & Key Investors

Data Communications, a Charlotte, NC-based entity specializing in low voltage structured network cable design and installation, security system design and installation, and fire alarm cabling, has secured $350K in total capital. The company recently announced a major strategic investment of $350K, underscoring its significant growth trajectory in the telecommunications industry. With over five decades of operational experience, Data Communications has established a reputation for delivering exceptional value and service to a diverse clientele, including government, healthcare, and retail sectors. Their commitment to high-quality project completion and tailored solutions for specific client needs positions them as a reliable provider in the market.

What is Data Communications?

Data Communications
ConstructionConstruction ManagementBusiness Services

Data Communications Inc., headquartered in Charlotte, NC, is a seasoned provider of low voltage structured network cable design and installation, security system design and installation, and fire alarm cabling services. Boasting over 50 years of experience in the telecommunications sector, the company is dedicated to offering superior value and service to its clients across government, healthcare, and retail industries. Their professional team ensures projects are completed to the highest standards, addressing unique client requirements and reinforcing their standing for dependable security solutions and customer contentment.

How much funding has Data Communications raised?

Data Communications has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Data Communications?

The recent major strategic investment of $350K into Data Communications, a company with a long-standing history and a focus on critical infrastructure services, suggests a strategic push towards scaling operations or technological advancement. Given the company's late-stage funding context, this capital infusion is likely earmarked for expanding market share, enhancing service capabilities, or potentially pursuing strategic acquisitions. The company's established presence and diverse client base provide a solid foundation for leveraging this new financing to drive further growth and innovation in the competitive telecommunications and security solutions landscape.

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Frequently Asked Questions Regarding Data Communications Financial Insights

What are the most recent funding rounds that Data Communications has completed, and what were the funding rounds?
Data Communications has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding Data Communications has raised to date?
Data Communications has raised a total of $350K in funding to date.
How many funding rounds has Data Communications completed?
Data Communications has completed 1 funding rounds.
How much funding did Data Communications raise in its most recent funding round?
Data Communications raised $350K in its most recent funding round.
Who are the lead investors in Data Communications's latest funding round?
The lead investor in Data Communications'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 Data Communications's history?
The largest funding round in Data Communications's history was $350K.
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