What is iPower Technologies?
Founded in 2009, iPower Technologies operates as a national computer networking integrator and managed service provider, catering to a diverse range of verticals including legal, healthcare, financial, hospitality, and professional sports. The company leverages decades of technical expertise, particularly in cloud, networking, and data center technologies, to serve larger SMB and mid-market clients. In 2020, iPower Technologies was acquired by TGI Office Automation, a company with a long-standing presence in the technology industry since 1969, known for office equipment and document solutions. A core tenet of iPower's service philosophy, mirroring TGI's commitment, is prioritizing customer service through customized Managed Services agreements that address specific application, workflow, software, and compliance requirements.
How much funding has iPower Technologies raised?
iPower Technologies has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in iPower Technologies
PPP
Public-Private Partnership
What's next for iPower Technologies?
The recent strategic investment in iPower Technologies, following its acquisition by TGI Office Automation, signals a phase of potential integration and enhanced service delivery. As a national integrator with deep technical experience in cloud and networking, iPower is well-positioned to capitalize on the growing demand for robust IT infrastructure solutions. The company's focus on customized managed services suggests a strategy aimed at deepening client relationships and expanding its market share within the SMB and mid-market segments, potentially leveraging TGI's broader national footprint for accelerated growth and broader service offerings.
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