How Much Did GigIT Raise?
Funding & Key Investors

GigIT, a provider of cybersecurity services, has secured $288K in total funding, with its most recent financing round bringing in $138K through a major strategic investment. This significant capital infusion underscores the company's established position in the cybersecurity market and its ongoing efforts to protect businesses and federal contractors from digital threats.

What is GigIT?

GigIT
Business ServicesSoftware TestingSecurity Information and Event Management (SIEM)

GigIT specializes in comprehensive cybersecurity solutions tailored for businesses and entities contracting with the federal government. The company collaborates directly with key decision-makers, including CEOs, CISOs, CFOs, and CIOs, as well as financial intermediaries such as investment banks, insurance companies, venture capitalists, and M&A attorneys. Their services are critical for safeguarding cybersecurity systems, identifying potential breaches, and mitigating risks that could impact acquisition valuations and the ability of companies to maintain government contracts. Notable clients benefiting from GigIT's expertise include major brands like Uber, Amazon, Walmart, Kohl's, Equinix, and Interim Healthcare.

How much funding has GigIT raised?

GigIT has raised a total of $288K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$138K

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

Debt (2021): $138K led by PPP

Key Investors in GigIT

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for GigIT?

With a substantial large-scale late-stage funding context, GigIT is poised for significant expansion and further development of its cybersecurity offerings. The recent strategic investment signals confidence from stakeholders in the company's business model and its capacity to address evolving cyber threats. This capital will likely fuel advancements in threat detection, response capabilities, and market penetration, particularly within the federal contracting sector. GigIT's focus on protecting high-value assets and facilitating secure M&A processes positions it as a key player in an increasingly critical industry.

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Frequently Asked Questions Regarding GigIT Financial Insights

What are the most recent funding rounds that GigIT has completed, and what were the funding rounds?
GigIT has recently completed 2 funding rounds: Debt on Feb 4, 2021, Debt on Apr 27, 2020.
What is the total amount of funding GigIT has raised to date?
GigIT has raised a total of $288K in funding to date.
How many funding rounds has GigIT completed?
GigIT has completed 2 funding rounds.
How much funding did GigIT raise in its most recent funding round?
GigIT raised $138K in its most recent funding round.
Who are the lead investors in GigIT's latest funding round?
The lead investor in GigIT'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 GigIT's history?
The largest funding round in GigIT's history was $150K.
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