What is Dataformix Technologies?
Dataformix Technologies, Inc. is a seasoned information technology firm established in 1998, specializing in IT consulting, managed services, software services, and web development. The company serves a global clientele, including Fortune 500 corporations, by delivering high-quality solutions in areas such as data warehousing, cloud transformation, and business intelligence. Dataformix is recognized for its comprehensive, turnkey solutions, collaborative approach, and commitment to integrity and timely service delivery.
How much funding has Dataformix Technologies raised?
Dataformix Technologies has raised a total of $1.4M across 3 funding rounds:
Debt
$350K
Debt
$567K
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, supporting the operational and growth needs of established companies.
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Dataformix Technologies?
The recent strategic investment of $500K positions Dataformix Technologies for continued expansion and innovation. Given the company's history of securing debt financing, this latest capital injection, particularly labeled as a strategic investment, suggests a focus on accelerating growth initiatives, potentially through market penetration, service diversification, or technological advancements. The company's established relationships with financial institutions like Cadence Bank indicate a strong foundation for future financial maneuvers and operational scaling.
See full Dataformix Technologies company page
