How Much Did Eastern Data Raise?
Funding & Key Investors

Eastern Data, a national distributor and value-added provider of high-performance computer components and custom-built systems, has secured $421K in total capital. The company recently announced a $271K investment, characterized as a major strategic investment, underscoring its position in the technology sector. This latest financing round follows previous debt financing, indicating a shift towards substantial capital infusion for its large-scale late-stage development.

What is Eastern Data?

Eastern Data
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Founded in 1997, Eastern Data Inc. operates as a comprehensive distributor and value-added provider for a range of technology solutions. Their offerings include high-performance computer components, custom-built systems, servers, and surveillance solutions. The company enhances client experience through a dedicated customer portal, facilitating account management, invoice viewing, shipment tracking, and order placement. Eastern Data Inc. is committed to serving businesses that require dependable technology infrastructure and support, positioning itself as a key partner in the evolving tech landscape.

How much funding has Eastern Data raised?

Eastern Data has raised a total of $421K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$271K

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

Debt (2021): $271K led by PPP

What's next for Eastern Data?

With a significant capital injection in a large-scale late-stage funding environment, Eastern Data is poised for accelerated growth and market expansion. The recent major strategic investment suggests a focus on scaling operations, enhancing product development, and potentially exploring new market segments or technological advancements. This strategic financing will likely empower the company to strengthen its distribution network, optimize its customer portal, and solidify its competitive edge in the distribution of computer components, servers, and surveillance solutions.

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Frequently Asked Questions Regarding Eastern Data Financial Insights

What are the most recent funding rounds that Eastern Data has completed, and what were the funding rounds?
Eastern Data has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Eastern Data has raised to date?
Eastern Data has raised a total of $421K in funding to date.
How many funding rounds has Eastern Data completed?
Eastern Data has completed 2 funding rounds.
How much funding did Eastern Data raise in its most recent funding round?
Eastern Data raised $271K in its most recent funding round.
Who are the lead investors in Eastern Data's latest funding round?
The lead investor in Eastern Data'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 Eastern Data's history?
The largest funding round in Eastern Data's history was $271K.
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