How Much Did Data Tech Raise?
Funding & Key Investors

Data Tech has successfully secured a major strategic investment, marking a significant milestone in its corporate evolution. This latest infusion of capital, totaling $350K, underscores the firm's robust market position and its capacity to attract substantial interest from institutional backers. With a cumulative financial backing of $350K, the company is well-positioned to leverage these resources to accelerate its operational footprint within the competitive office products retail and distribution landscape.

The recent financing round serves as a testament to the company's resilience and its ability to navigate complex market dynamics. By securing this capital, Data Tech reinforces its commitment to scaling its distribution capabilities and enhancing its service delivery models, ensuring it remains a pivotal player in the supply chain ecosystem.

What is Data Tech?

Data Tech
RetailOffice Products Retail & Distribution

Headquartered in Van Nuys, California, Data Tech operates as a specialized entity within the office products retail and distribution sector. With a workforce of 20 to 49 professionals and annual revenue streams ranging between 1M and 5M, the company has established a niche presence by optimizing the flow of essential office supplies. Its business model focuses on the intersection of retail accessibility and efficient distribution logistics, providing a critical link for businesses requiring reliable procurement solutions. The company's operational strategy emphasizes lean management and targeted market penetration, allowing it to maintain agility despite the broader challenges facing traditional retail distribution channels.

How much funding has Data Tech raised?

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

2020

Debt

$350K

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

Key Investors in Data Tech

PPP

Public-Private Partnership

What's next for Data Tech?

Looking ahead, the strategic deployment of the $350K will likely center on infrastructure modernization and the expansion of the company's distribution network. As Data Tech transitions through this late-stage funding phase, the focus will shift toward optimizing supply chain efficiencies and potentially exploring digital transformation initiatives to better serve its client base. By prioritizing scalable growth and operational excellence, the firm aims to solidify its market share and enhance its long-term value proposition. The management team is expected to utilize this capital to fortify its competitive advantage, ensuring that Data Tech remains a resilient and forward-thinking participant in the evolving office products industry.

See full Data Tech company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Retail industry

Apparel & Accessories RetailRetail
Convenience Stores, Gas Stations & Liquor StoresRetailConsumer ServicesTransportationAutomotive Service & Collision RepairTrucking, Moving & Storage
Apparel & Accessories RetailRetailManufacturingTextiles & Apparel
Apparel & Accessories RetailRetail

Frequently Asked Questions Regarding Data Tech Financial Insights

What are the most recent funding rounds that Data Tech has completed, and what were the funding rounds?
Data Tech has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Data Tech has raised to date?
Data Tech has raised a total of $350K in funding to date.
How many funding rounds has Data Tech completed?
Data Tech has completed 1 funding rounds.
How much funding did Data Tech raise in its most recent funding round?
Data Tech raised $350K in its most recent funding round.
Who are the lead investors in Data Tech's latest funding round?
The lead investor in Data Tech'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 Tech's history?
The largest funding round in Data Tech's history was $350K.
See more information about Data Tech