What is Data Works?
DataWorks specializes in inventory operations software, with its flagship product NeXT designed to manage critical tasks such as purchase orders, pricing, bar coding, and theft prevention. The company serves a diverse clientele, from large properties like theme parks and resorts requiring detailed tracking and tracing of inventory across warehousing, distribution, and allocation, to global enterprises. DataWorks' solutions enable these businesses to overcome challenges related to multiple languages, currencies, and unique taxation issues, facilitating economies of scale through centralized purchasing and drop shipments.
How much funding has Data Works raised?
Data Works has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Data Works?
The substantial total funding of $150K and the recent strategic investment indicate Data Works is in a mature phase of its growth, likely focusing on expanding its enterprise client base, enhancing its software capabilities, and potentially exploring new international markets. This capital infusion will be crucial for maintaining its competitive edge in the enterprise software sector, particularly in sophisticated inventory and supply chain management solutions. The company's ability to handle complex international logistics and financial nuances positions it well for continued global expansion and deeper integration with large-scale operations.
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