How Much Did Micro Advantage Raise?
Funding & Key Investors

Micro Advantage has successfully secured a significant capital injection, bringing its total funding to $71K. This latest financing round, which accounts for $71K, underscores the firm's robust position within the competitive landscape of Northeast Ohio's technology sector. By leveraging this substantial expansion capital, the company is well-positioned to accelerate its service delivery capabilities and solidify its footprint in the enterprise telephony market.

The recent infusion of resources marks a pivotal moment for the organization, which has maintained a consistent operational history since its inception in 1982. This strategic backing provides the necessary liquidity to scale its specialized IT and VoIP offerings, ensuring that the firm remains at the forefront of digital transformation for its diverse client base.

What is Micro Advantage?

Micro Advantage
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Micro Advantage, Inc. operates as a premier provider of Information Technology, Consulting, and IP Telephony Services. With a legacy spanning over four decades, the company has cultivated deep expertise in designing, deploying, and maintaining custom IT and VoIP solutions. Their core competency lies in Asterisk-based Enterprise Telephony, a niche that allows them to deliver high-performance communication frameworks to corporate IT departments and small-to-medium enterprises. Beyond telephony, the firm provides comprehensive network design and business process automation, acting as a critical partner for organizations seeking to optimize operational efficiency through sophisticated technological integration.

How much funding has Micro Advantage raised?

Micro Advantage has raised a total of $71K across 1 funding round:

2021

Debt

$71K

Debt (2021): $71K with participation from PPP

Key Investors in Micro Advantage

PPP

Public-Private Partnership

What's next for Micro Advantage?

With the recent capital deployment, Micro Advantage is expected to prioritize the scaling of its professional services division and the enhancement of its proprietary VoIP infrastructure. The firm's strategic roadmap likely involves deepening its penetration into the regional market while potentially exploring new automation technologies to address the evolving needs of its enterprise clients. As the company transitions through this growth phase, the focus will remain on maintaining the high-touch service model that has defined its reputation since 1982, while simultaneously leveraging its increased financial capacity to invest in R&D and talent acquisition. This trajectory suggests a long-term commitment to sustaining its competitive advantage in the complex IT services landscape.

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Frequently Asked Questions Regarding Micro Advantage Financial Insights

What are the most recent funding rounds that Micro Advantage has completed, and what were the funding rounds?
Micro Advantage has recently completed 1 funding rounds: Debt on Feb 11, 2021.
What is the total amount of funding Micro Advantage has raised to date?
Micro Advantage has raised a total of $71K in funding to date.
How many funding rounds has Micro Advantage completed?
Micro Advantage has completed 1 funding rounds.
How much funding did Micro Advantage raise in its most recent funding round?
Micro Advantage raised $71K in its most recent funding round.
Who are the lead investors in Micro Advantage's latest funding round?
The lead investor in Micro Advantage'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 Micro Advantage's history?
The largest funding round in Micro Advantage's history was $71K.
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