What is Formac?
Founded in 2013 and headquartered in Fremont, California, Formac is a specialized IT consulting and software development firm. The company focuses on delivering advanced services across critical technology domains including DevOps, Cloud Transformation, and Blockchain. Formac's expertise positions it as a key player for enterprises seeking to modernize their IT infrastructure and leverage cutting-edge solutions.
How much funding has Formac raised?
Formac has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Formac
PPP
Public-Private Partnership
What's next for Formac?
The recent major strategic investment signals a pivotal phase for Formac, likely enabling accelerated expansion of its service offerings and market reach. This capital infusion is expected to fuel further innovation in areas like cloud-native development and enterprise blockchain solutions, reinforcing Formac's competitive edge and its capacity to undertake large-scale digital transformation projects for its clientele.
See full Formac company page
