How Much Did Information Resource Technology Raise?
Funding & Key Investors

Information Resource Technology has secured $356K in total capital, with its most recent financing round bringing in $206K in a major strategic investment. This large-scale, late-stage funding indicates a significant phase of growth and operational scaling for the independent computer service company.

What is Information Resource Technology?

Information Resource Technology
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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:

2020

Debt

$150K

2021

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.

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Frequently Asked Questions Regarding Information Resource Technology Financial Insights

What are the most recent funding rounds that Information Resource Technology has completed, and what were the funding rounds?
Information Resource Technology has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Information Resource Technology has raised to date?
Information Resource Technology has raised a total of $356K in funding to date.
How many funding rounds has Information Resource Technology completed?
Information Resource Technology has completed 2 funding rounds.
How much funding did Information Resource Technology raise in its most recent funding round?
Information Resource Technology raised $206K in its most recent funding round.
Who are the lead investors in Information Resource Technology's latest funding round?
The lead investor in Information Resource Technology'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 Information Resource Technology's history?
The largest funding round in Information Resource Technology's history was $206K.
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