How Much Did Dataformix Technologies Raise?
Funding & Key Investors

Dataformix Technologies has secured a significant enterprise-level funding round, bringing its total capital raised to $1.4M. The most recent strategic investment, amounting to $500K, underscores the company's robust growth trajectory and its pivotal role in the information technology sector. Established in 1998, Dataformix has consistently delivered high-quality IT consulting, managed services, software services, and web development solutions to a global clientele, including Fortune 500 companies.

What is Dataformix Technologies?

Dataformix Technologies
Business ServicesSoftware Testing

Dataformix Technologies is a distinguished information technology firm with a comprehensive service portfolio encompassing IT consulting, managed services, software services, and web development. The company's core competencies lie in data warehousing, cloud transformation, and business intelligence, enabling it to provide cutting-edge, turnkey solutions. Dataformix is recognized for its collaborative and innovative approach, fostering strong partner relationships and delivering customized solutions with a steadfast commitment to integrity and punctuality. Its long-standing presence in the market, dating back to 1998, highlights its sustained ability to adapt and excel in the dynamic tech landscape.

How much funding has Dataformix Technologies raised?

Dataformix Technologies has raised a total of $1.4M across 3 funding rounds:

2020

Debt

$350K

2021

Debt

$567K

2024

Debt

$500K

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

Debt (2021): $567K led by PPP

Debt (2024): $500K supported by Cadence Bank

Key Investors in Dataformix Technologies

Cadence Bank

Cadence Bank is a financial institution that likely provides debt financing and banking services to established companies, supporting their operational and growth initiatives.

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Dataformix Technologies?

The recent major strategic investment signals a new phase of expansion and innovation for Dataformix Technologies. This capital infusion is expected to accelerate the company's development of advanced IT solutions, enhance its service offerings in cloud transformation and business intelligence, and broaden its market reach. With a solid foundation built on decades of experience and a proven track record of delivering value to enterprise clients, Dataformix is well-positioned to capitalize on emerging technological trends and further solidify its leadership in the IT consulting and managed services domain. The company's strategic focus on innovation and client-centric solutions suggests a continued emphasis on growth and market penetration.

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Frequently Asked Questions Regarding Dataformix Technologies Financial Insights

What are the most recent funding rounds that Dataformix Technologies has completed, and what were the funding rounds?
Dataformix Technologies has recently completed 3 funding rounds: Debt on Sep 30, 2024, Debt on Mar 23, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Dataformix Technologies has raised to date?
Dataformix Technologies has raised a total of $1.4M in funding to date.
How many funding rounds has Dataformix Technologies completed?
Dataformix Technologies has completed 3 funding rounds.
How much funding did Dataformix Technologies raise in its most recent funding round?
Dataformix Technologies raised $500K in its most recent funding round.
Who are the lead investors in Dataformix Technologies's latest funding round?
The lead investor in Dataformix Technologies's latest funding round was Cadence Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Dataformix Technologies's history?
The largest funding round in Dataformix Technologies's history was $567K.
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