How Much Did dataCon Raise?
Funding & Key Investors

dataCon has secured $948K in total funding, with its most recent capital infusion of $598K described as a major strategic investment. This recent financing round, dated January 26, 2021, signifies a pivotal moment for the company, underscoring its established presence and future growth potential in the enterprise manufacturing services sector.

The company's funding history, which includes two distinct debt financing rounds totaling $948,000, indicates a strategic approach to capital management, likely aimed at operational expansion and service enhancement since its inception in 1971.

What is dataCon?

dataCon
ManufacturingElectronics

Established in 1971, dataCon operates as a provider of external manufacturing services, catering to both emerging and established Original Equipment Manufacturers (OEMs). The company boasts a modern, 50,000 square foot manufacturing facility located in Burlington, Massachusetts. dataCon distinguishes itself through a distributed, competency-based, full-service product development model. This approach enables the company to manage the entire product lifecycle, from initial schematic to final design, development, documentation, and manufacturing of complex electronics and electromechanical hardware for a diverse OEM client base.

How much funding has dataCon raised?

dataCon has raised a total of $948K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$598K

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

Debt (2021): $598K led by PPP

Key Investors in dataCon

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for dataCon?

The recent major strategic investment suggests dataCon is poised for significant expansion and technological advancement. This capital injection is likely to fuel further development of its full-service product development model, potentially enabling the company to take on more complex projects and broaden its market reach. The company's long-standing history and focus on customer satisfaction, coupled with its robust manufacturing capabilities, position it favorably for continued growth and innovation in the competitive OEM services landscape. Future endeavors may include enhancing its distributed competency network and investing in advanced manufacturing technologies to meet evolving industry demands.

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Frequently Asked Questions Regarding dataCon Financial Insights

What are the most recent funding rounds that dataCon has completed, and what were the funding rounds?
dataCon has recently completed 2 funding rounds: Debt on Jan 26, 2021, Debt on Apr 15, 2020.
What is the total amount of funding dataCon has raised to date?
dataCon has raised a total of $948K in funding to date.
How many funding rounds has dataCon completed?
dataCon has completed 2 funding rounds.
How much funding did dataCon raise in its most recent funding round?
dataCon raised $598K in its most recent funding round.
Who are the lead investors in dataCon's latest funding round?
The lead investor in dataCon'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 dataCon's history?
The largest funding round in dataCon's history was $598K.
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