How Much Did DataWorks Plus Raise?
Funding & Key Investors

DataWorks Plus, a provider of biometric identity solutions for law enforcement and public safety, has secured $2.3M in total capital. The company recently announced a significant strategic investment of $1.3M, underscoring its growth trajectory and market position. This latest financing round, occurring on January 29, 2021, follows previous debt financing rounds totaling $2.3 billion, indicating a substantial financial backing for the enterprise.

What is DataWorks Plus?

DataWorks Plus
SoftwareSecurity SoftwareLegal Solutions

DataWorks Plus specializes in advanced biometric identity solutions designed for the unique demands of law enforcement and public safety agencies. Their comprehensive suite of offerings includes cutting-edge biometric technology, rapid identification systems, and robust case management tools. Serving a diverse clientele that ranges from large metropolitan police departments to smaller correctional facilities, DataWorks Plus provides scalable and innovative technological solutions. The company's mission is to bolster public safety and the justice system through intelligent technology and dedicated customer support.

How much funding has DataWorks Plus raised?

DataWorks Plus has raised a total of $2.3M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.3M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.3M led by PPP

Key Investors in DataWorks Plus

PPP

Public-Private Partnership

PPP

Public-Private Partnership

Undisclosed investor

Undisclosed investor participating in the funding round, likely contributing to the company's strategic growth and market penetration efforts.

What's next for DataWorks Plus?

The recent major strategic investment in DataWorks Plus signals a pivotal moment for the company, likely enabling accelerated product development, market expansion, and enhanced operational capabilities. This capital infusion is expected to fortify its position in the competitive law enforcement technology sector. Future initiatives may focus on integrating next-generation biometric modalities, expanding software functionalities, and forging new partnerships to broaden its reach within the public safety domain. The company's sustained access to significant capital, including substantial debt financing, points towards a strategy focused on aggressive growth and market leadership.

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Frequently Asked Questions Regarding DataWorks Plus Financial Insights

What are the most recent funding rounds that DataWorks Plus has completed, and what were the funding rounds?
DataWorks Plus has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 27, 2020.
What is the total amount of funding DataWorks Plus has raised to date?
DataWorks Plus has raised a total of $2.3M in funding to date.
How many funding rounds has DataWorks Plus completed?
DataWorks Plus has completed 2 funding rounds.
How much funding did DataWorks Plus raise in its most recent funding round?
DataWorks Plus raised $1.3M in its most recent funding round.
Who are the lead investors in DataWorks Plus's latest funding round?
The lead investor in DataWorks Plus'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 DataWorks Plus's history?
The largest funding round in DataWorks Plus's history was $1.3M.
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