What is Database Works?
Database Works is a prominent provider of data and inventory management software solutions, catering to a diverse range of industries including entertainment, education, and manufacturing. The company specializes in custom software development, incorporating innovative features such as RFID technology, mobile interfacing, and cloud hosting. Their comprehensive product suite, featuring RentalWorks, TrakitWorks, GateWorks, and TransWorks, is engineered to optimize operational efficiency and streamline business processes. Database Works is dedicated to continuous enhancement, with an in-house development team focused on creating intuitive, web-based platforms and mobile applications tailored to specific industry requirements.
How much funding has Database Works raised?
Database Works has raised a total of $365K across 2 funding rounds:
Debt
$150K
Debt
$215K
Debt (2020): $150K with participation from PPP
Debt (2021): $215K led by PPP
Key Investors in Database Works
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Database Works?
The recent large-scale, late-stage funding, characterized as a major strategic investment, positions Database Works for significant expansion and market penetration. This influx of capital is likely to fuel further product development, enhance technological capabilities, and support broader market reach. The company's focus on custom solutions and innovative features suggests a strategy aimed at solidifying its competitive advantage and addressing evolving industry demands. Future initiatives may include scaling operations, expanding its client base across existing and new sectors, and potentially exploring strategic partnerships or acquisitions to further bolster its market presence.
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