How Much Did Evolution Networks Raise?
Funding & Key Investors

Evolution Networks has secured $42K in total financing, with a recent capital injection of $42K designated for substantial expansion. This funding round, indicative of a significant Series B/C stage, positions the company to further its growth in the managed IT solutions sector.

What is Evolution Networks?

Evolution Networks
Business ServicesSoftware Testing

Evolution Networks is a South Florida-based provider of managed IT solutions, dedicated to enhancing business productivity, efficiency, and security. The company offers a comprehensive suite of services, including IT consulting, robust cybersecurity measures, cloud services, and home automation technologies. EVO Networks specializes in delivering tailored IT management strategies, ensuring compliance and risk management, and supporting the evolving needs of remote work environments. Their approach emphasizes proactive support and strategic IT planning, establishing them as a dependable partner for businesses aiming to optimize their technological infrastructure.

How much funding has Evolution Networks raised?

Evolution Networks has raised a total of $42K across 1 funding round:

2021

Debt

$42K

Debt (2021): $42K with participation from PPP

What's next for Evolution Networks?

With substantial expansion capital secured, Evolution Networks is poised for a significant scaling phase. This investment, characteristic of a Series B/C stage, suggests a focus on market penetration, service portfolio enhancement, and potentially geographic expansion. The company's strategic direction will likely involve leveraging its managed IT solutions to capture a larger market share, further solidifying its position as a key player in the IT services industry. Future developments may include advancements in cybersecurity offerings and cloud integration capabilities to meet escalating client demands.

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Frequently Asked Questions Regarding Evolution Networks Financial Insights

What are the most recent funding rounds that Evolution Networks has completed, and what were the funding rounds?
Evolution Networks has recently completed 1 funding rounds: Debt on Jan 31, 2021.
What is the total amount of funding Evolution Networks has raised to date?
Evolution Networks has raised a total of $42K in funding to date.
How many funding rounds has Evolution Networks completed?
Evolution Networks has completed 1 funding rounds.
How much funding did Evolution Networks raise in its most recent funding round?
Evolution Networks raised $42K in its most recent funding round.
Who are the lead investors in Evolution Networks's latest funding round?
The lead investor in Evolution Networks'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 Evolution Networks's history?
The largest funding round in Evolution Networks's history was $42K.
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