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How Much Did Databit Raise?
Funding & Key Investors

Databit has secured $715K in total financing, with its most recent funding round bringing in $365K in a major strategic investment. This enterprise-level capital infusion signals a significant growth phase for the IT solutions provider.

What is Databit?

Databit
Business ServicesSoftware Testing

Databit operates as an IT solutions company, specializing in the sale and servicing of personal computer-based hardware, software, data storage, client/server infrastructure, and networking solutions. Headquartered in New Jersey, the company addresses a broad spectrum of IT needs for its clientele.

How much funding has Databit raised?

Databit has raised a total of $715K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$365K

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

Debt (2021): $365K led by PPP

Key Investors in Databit

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Databit?

The substantial enterprise-level funding Databit has attracted, particularly the recent strategic investment, positions the company for accelerated expansion and enhanced service offerings. This capital will likely be deployed to scale operations, invest in technological advancements, and potentially broaden its market reach. The company's trajectory suggests a focus on solidifying its position in the competitive IT solutions landscape.

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Frequently Asked Questions Regarding Databit Financial Insights

What are the most recent funding rounds that Databit has completed, and what were the funding rounds?
Databit has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on May 3, 2020. What is the total amount of funding Databit has raised to date?
Databit has raised a total of $715K in funding to date. How many funding rounds has Databit completed?
Databit has completed 2 funding rounds. How much funding did Databit raise in its most recent funding round?
Databit raised $365K in its most recent funding round. Who are the lead investors in Databit's latest funding round?
The lead investor in Databit'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 Databit's history?
The largest funding round in Databit's history was $365K.
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