How Much Did HYR Global Source Raise?
Funding & Key Investors

HYR Global Source has secured $2M in total capital, with its most recent financing round bringing in $1M through a major strategic investment on January 23, 2021. This enterprise-level funding underscores the company's significant traction and market position in the software development sector.

The company, established in 2013, has consistently attracted substantial financial backing, reflecting its robust growth trajectory and the increasing demand for its specialized services.

What is HYR Global Source?

HYR Global Source
Business ServicesSoftware Testing

HYR Global Source is a prominent software development firm dedicated to driving digital transformation and modernizing legacy systems for a wide array of clients, including Fortune 1000 enterprises and small to medium businesses. The company's core offerings encompass full stack development, cloud consulting, and comprehensive ERP solutions. By facilitating the transition to advanced technological frameworks, HYR Global Source empowers its clients to achieve enhanced operational efficiency and significant cost reductions. Their commitment extends to nurturing future talent through dedicated training programs for aspiring software engineers.

How much funding has HYR Global Source raised?

HYR Global Source has raised a total of $2M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1M

Debt (2020): $1M with participation from PPP

Debt (2021): $1M led by PPP

Key Investors in HYR Global Source

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for HYR Global Source?

The recent major strategic investment signals a pivotal phase for HYR Global Source, likely enabling accelerated expansion of its service offerings, further penetration into enterprise markets, and continued innovation in digital transformation solutions. This capital infusion is expected to bolster the company's capacity to undertake complex modernization projects and solidify its competitive edge in the rapidly evolving software development landscape. The focus on legacy system modernization and digital transformation positions HYR Global Source to capitalize on ongoing industry shifts towards cloud-native architectures and agile development methodologies.

See full HYR Global Source company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesProject Management
Business ServicesGraphicsArchitecture, Engineering & DesignConstructionConstruction Management
Business ServicesProject Management
Business ServicesHuman Resources Management Systems (HRMS)

Frequently Asked Questions Regarding HYR Global Source Financial Insights

What are the most recent funding rounds that HYR Global Source has completed, and what were the funding rounds?
HYR Global Source has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 10, 2020.
What is the total amount of funding HYR Global Source has raised to date?
HYR Global Source has raised a total of $2M in funding to date.
How many funding rounds has HYR Global Source completed?
HYR Global Source has completed 2 funding rounds.
How much funding did HYR Global Source raise in its most recent funding round?
HYR Global Source raised $1M in its most recent funding round.
Who are the lead investors in HYR Global Source's latest funding round?
The lead investor in HYR Global Source'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 HYR Global Source's history?
The largest funding round in HYR Global Source's history was $1M.
See more information about HYR Global Source