What is Information Resource Technology?
Information Resource Technology (IRT) operates as a dedicated provider of software and hardware solutions and services, boasting over 23 years of experience. The company specializes in programming and software development, having supported over 500 multi-user installations, alongside hardware maintenance and support services. IRT differentiates itself through its responsive approach, often outperforming larger national firms due to its agile structure and commitment to customer needs. A key product is Information Partner™, a comprehensive bookstore management system that IRT has continuously enhanced since acquiring it in 1991, positioning it at the forefront of retail technology. The company emphasizes customer satisfaction as its primary growth driver, fostering a stable environment with a strong track record and personalized attention.
How much funding has Information Resource Technology raised?
Information Resource Technology has raised a total of $356K across 2 funding rounds:
Debt
$150K
Debt
$206K
Debt (2020): $150K with participation from PPP
Debt (2021): $206K led by PPP
Key Investors in Information Resource Technology
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Information Resource Technology?
The substantial large-scale, late-stage funding, characterized as a major strategic investment, positions Information Resource Technology for accelerated expansion and technological advancement. This capital infusion is expected to fuel further development of its Information Partner™ software, potentially expanding its market reach and enhancing its service offerings. The company's focus on responsiveness and customer-centric solutions, combined with this significant financial backing, suggests a strategic push to solidify its market leadership in the retail technology sector and explore new avenues for growth.
See full Information Resource Technology company page