How Much Did itNOW Raise?
Funding & Key Investors

itNOW has successfully secured a significant capital injection, bringing its total funding to $350K. This latest round, characterized by a $350K investment, underscores the company's robust position within the managed services provider landscape. By leveraging this financial backing, the Utah-based firm is well-positioned to accelerate its service delivery capabilities and expand its footprint in the competitive IT support sector.

What is itNOW?

itNOW
Business ServicesSoftware Testing

itNOW operates as a comprehensive IT support organization, delivering a suite of managed services, cybersecurity protocols, and cloud-based infrastructure solutions. The company serves a diverse clientele spanning critical sectors such as healthcare, finance, manufacturing, and local government. By prioritizing rapid response times and tailored technology integration, itNOW functions as a strategic partner for enterprises seeking to optimize operational efficiency and mitigate technical risks. Their market position is defined by a commitment to transforming technology from a cost center into a scalable asset for long-term business growth.

How much funding has itNOW raised?

itNOW has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in itNOW

PPP

Public-Private Partnership

What's next for itNOW?

With the infusion of this capital, itNOW is expected to prioritize the scaling of its cybersecurity offerings and the enhancement of its cloud solution architecture. As the firm transitions through this late-stage growth phase, the focus will likely shift toward market consolidation and the acquisition of advanced technical talent to maintain its competitive edge. The strategic deployment of these funds will be instrumental in refining their service delivery model, ensuring that they remain at the forefront of the managed IT services industry while addressing the increasingly complex digital requirements of their enterprise clients.

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Frequently Asked Questions Regarding itNOW Financial Insights

What are the most recent funding rounds that itNOW has completed, and what were the funding rounds?
itNOW has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding itNOW has raised to date?
itNOW has raised a total of $350K in funding to date.
How many funding rounds has itNOW completed?
itNOW has completed 1 funding rounds.
How much funding did itNOW raise in its most recent funding round?
itNOW raised $350K in its most recent funding round.
Who are the lead investors in itNOW's latest funding round?
The lead investor in itNOW'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 itNOW's history?
The largest funding round in itNOW's history was $350K.
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