How Much Did Focal Tech Raise?
Funding & Key Investors

Focal Tech has secured $318K in total financing, with its most recent capital infusion amounting to $168K following a major strategic investment. This significant backing underscores the company's established position in the managed IT services sector and its trajectory towards further expansion.

What is Focal Tech?

Focal Tech
Business ServicesSoftware Testing

Focal Tech Inc. is a prominent provider of managed IT services, IT consulting, and cloud solutions headquartered in State College, Pennsylvania. The company offers a comprehensive suite of services, including business network management, endpoint protection, cloud backup solutions, and website/application design. Focal Tech primarily serves businesses that require dependable IT support, proactive system monitoring, and expert technical assistance for both their hardware and software infrastructure. Their core mission is to empower organizations to efficiently manage their technology investments and enhance overall operational performance through quality service and strategic IT guidance.

How much funding has Focal Tech raised?

Focal Tech has raised a total of $318K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$168K

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

Debt (2021): $168K led by PPP

Key Investors in Focal Tech

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Focal Tech?

With substantial late-stage funding, Focal Tech is poised for significant growth and strategic development. The company's focus on comprehensive IT solutions, from managed services to cloud integration and application design, positions it well to capitalize on the increasing demand for robust and scalable technology infrastructure among businesses. This capital injection is likely to fuel further innovation in their service offerings, expansion into new markets, and enhancement of their customer support capabilities, solidifying their competitive advantage in the IT services landscape.

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Frequently Asked Questions Regarding Focal Tech Financial Insights

What are the most recent funding rounds that Focal Tech has completed, and what were the funding rounds?
Focal Tech has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 12, 2020.
What is the total amount of funding Focal Tech has raised to date?
Focal Tech has raised a total of $318K in funding to date.
How many funding rounds has Focal Tech completed?
Focal Tech has completed 2 funding rounds.
How much funding did Focal Tech raise in its most recent funding round?
Focal Tech raised $168K in its most recent funding round.
Who are the lead investors in Focal Tech's latest funding round?
The lead investor in Focal Tech'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 Focal Tech's history?
The largest funding round in Focal Tech's history was $168K.
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