What is Data Evolution?
Data Evolution is a specialized IT solutions provider catering to early-to-mid stage life science, biotech, and medical device companies, primarily within the greater Boston area. Their service portfolio encompasses managed IT, disaster recovery, robust security monitoring, and expert consulting. By fostering personal relationships and delivering responsive, honest guidance, Data Evolution effectively functions as an extension of their clients' in-house IT departments, driving business evolution through innovative technology solutions.
How much funding has Data Evolution raised?
Data Evolution has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Data Evolution
PPP
Public-Private Partnership
What's next for Data Evolution?
With a substantial capital infusion indicated by the $350K total funding, Data Evolution is positioned for significant scaling and expansion. The recent strategic investment suggests a strong validation of their business model and market approach. Future endeavors will likely focus on enhancing their service offerings, potentially expanding their geographic reach, and further solidifying their partnerships within the life sciences and biotech industries. This financing will be critical for accelerating product development and increasing market penetration.
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