What is InterDev?
InterDev, a company with nearly four decades of operational history, specializes in Managed IT and Security Services. Beyond its core offerings, InterDev is recognized for its IT visioning and innovation, serving growing businesses and government agencies. The company's diverse portfolio includes managing and hosting IT operations, providing location-based services such as aerial (drone) mapping and its proprietary Esri-based cloud GIS platform, MosaicGIS, as well as VoIP telecommunications and circuit solutions. A key differentiator for InterDev is its unique resource-sharing model, which facilitates IT alliances among municipalities to enhance value through collaboration.
How much funding has InterDev raised?
InterDev has raised a total of $2.4M across 2 funding rounds:
Debt
$1M
Debt
$1.4M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.4M led by PPP
Key Investors in InterDev
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for InterDev?
The recent major strategic investment signals a period of accelerated growth and potential expansion for InterDev. This capital infusion is likely to bolster its existing service lines, particularly in advanced areas like drone mapping and cloud GIS, while also potentially funding new technological developments or market penetration strategies. InterDev's established track record and innovative approach position it well to leverage this financing for further solidifying its market leadership and exploring new partnership opportunities within the municipal and enterprise sectors.
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