How Much Did ECC IT Solutions Raise?
Funding & Key Investors

ECC IT Solutions has secured $150K in total funding, with its most recent capital infusion amounting to $150K. This major strategic investment marks a significant milestone for the information technology managed service provider, underscoring its growth trajectory and market potential.

What is ECC IT Solutions?

ECC IT Solutions
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ECC IT Solutions, formerly known as BinaryNetworks, is an information technology managed service provider (MSP) headquartered in Rockville, MD. The company specializes in serving small and midsized businesses throughout the Washington, DC metro area. Established over a decade ago, ECC IT Solutions offers a comprehensive suite of services including managed IT, consulting, recruiting, and training, all designed to meet the evolving technology needs of its diverse clientele. They also collaborate with their sister company, BinaryLab, to bolster cybersecurity offerings against increasing cyber threats. Their team leverages extensive industry-specific experience to deliver tailored solutions in a rapidly changing IT landscape.

How much funding has ECC IT Solutions raised?

ECC IT Solutions has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in ECC IT Solutions

PPP

Public-Private Partnership

What's next for ECC IT Solutions?

With a substantial large-scale late-stage funding round, ECC IT Solutions is poised for significant expansion and strategic development. The recent major strategic investment suggests a focus on scaling operations, enhancing service delivery, and potentially exploring new market segments or technological advancements. This capital infusion will likely empower the company to further solidify its position as a leading IT solutions provider for businesses in the Washington, DC metro area and beyond, while also strengthening its cybersecurity capabilities in partnership with BinaryLab.

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Frequently Asked Questions Regarding ECC IT Solutions Financial Insights

What are the most recent funding rounds that ECC IT Solutions has completed, and what were the funding rounds?
ECC IT Solutions has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding ECC IT Solutions has raised to date?
ECC IT Solutions has raised a total of $150K in funding to date.
How many funding rounds has ECC IT Solutions completed?
ECC IT Solutions has completed 1 funding rounds.
How much funding did ECC IT Solutions raise in its most recent funding round?
ECC IT Solutions raised $150K in its most recent funding round.
Who are the lead investors in ECC IT Solutions's latest funding round?
The lead investor in ECC IT Solutions'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 ECC IT Solutions's history?
The largest funding round in ECC IT Solutions's history was $150K.
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