How Much Did Facet Technologies Raise?
Funding & Key Investors

Facet Technologies has secured a total funding of $150K, with its most recent capital infusion amounting to $150K. This recent funding, characterized as a major strategic investment, underscores the company's significant progress in the competitive IT solutions landscape. The company's financial trajectory points towards a late-stage development phase, leveraging substantial backing for its ongoing expansion and service enhancement initiatives.

What is Facet Technologies?

Facet Technologies
Business ServicesSoftware Testing

Facet Technologies provides a comprehensive suite of IT solutions designed to offer 'True Tech Peace of Mind' to businesses across various sectors, including manufacturing, agriculture, municipalities, and food production. Their offerings encompass managed services, robust cybersecurity measures, scalable cloud services, and co-managed IT solutions. The company specializes in critical areas such as data backup, network monitoring, and endpoint protection, positioning itself as a proactive partner in safeguarding businesses against evolving cyber threats and enhancing operational resilience and efficiency.

How much funding has Facet Technologies raised?

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

2020

Debt

$150K

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

What's next for Facet Technologies?

With a substantial late-stage funding round, Facet Technologies is strategically positioned for accelerated growth and market penetration. The recent major strategic investment will likely fuel further development of its IT service portfolio, potentially expanding its cybersecurity and cloud offerings. Expect the company to focus on enhancing its managed services capabilities and broadening its industry-specific solutions. This capital infusion signals a commitment to solidifying its market position and potentially exploring new technological frontiers to maintain its competitive edge in the dynamic IT solutions sector.

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Frequently Asked Questions Regarding Facet Technologies Financial Insights

What are the most recent funding rounds that Facet Technologies has completed, and what were the funding rounds?
Facet Technologies has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding Facet Technologies has raised to date?
Facet Technologies has raised a total of $150K in funding to date.
How many funding rounds has Facet Technologies completed?
Facet Technologies has completed 1 funding rounds.
How much funding did Facet Technologies raise in its most recent funding round?
Facet Technologies raised $150K in its most recent funding round.
Who are the lead investors in Facet Technologies's latest funding round?
The lead investor in Facet Technologies'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 Facet Technologies's history?
The largest funding round in Facet Technologies's history was $150K.
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