How Much Did Datatech Raise?
Funding & Key Investors

Datatech, a prominent independent distributor of IT products, has secured significant capital, with its total funding reaching $150K. The company recently announced a major strategic investment of $150K, underscoring its established position in the market and its ongoing growth trajectory. This latest financing round follows a period of sustained development and market expansion for the USA-based enterprise.

What is Datatech?

Datatech
RetailEcommerce Platforms

Datatech operates as one of the largest independent distributors of IT products within the United States. The company specializes in a comprehensive array of solutions, including audio/video, data, fiber optic, and low voltage cables. Their product catalog extends to copper products, data center accessories, and custom cable assemblies. Leveraging extensive industry knowledge and a professional team, DataTech is committed to ensuring prompt and complete delivery for its clientele. Since its inception in 1986, the firm has built a reputation for quality service and competitive pricing, positioning itself as a dependable partner in the IT and electrical sectors.

How much funding has Datatech raised?

Datatech has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Datatech

PPP

Public-Private Partnership

What's next for Datatech?

The recent large-scale, late-stage funding infusion signals Datatech's readiness for accelerated expansion and potential market consolidation. This strategic capital injection is likely to fuel initiatives aimed at enhancing distribution networks, expanding product lines, and potentially exploring new technological frontiers within the IT infrastructure space. The company's focus on core competencies, combined with this significant financial backing, suggests a strategic move to solidify its market leadership and capitalize on emerging opportunities in the digital transformation landscape.

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Frequently Asked Questions Regarding Datatech Financial Insights

What are the most recent funding rounds that Datatech has completed, and what were the funding rounds?
Datatech has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Datatech has raised to date?
Datatech has raised a total of $150K in funding to date.
How many funding rounds has Datatech completed?
Datatech has completed 1 funding rounds.
How much funding did Datatech raise in its most recent funding round?
Datatech raised $150K in its most recent funding round.
Who are the lead investors in Datatech's latest funding round?
The lead investor in Datatech'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 Datatech's history?
The largest funding round in Datatech's history was $150K.
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