How Much Did Micro Advantage Raise?
Funding & Key Investors

Micro Advantage has secured $71K in total investment, with a recent capital infusion of $71K designated for substantial expansion. This financing round marks a significant stage in the company's growth trajectory, reflecting investor confidence in its market position and future potential within the IT and Telephony services sector.

What is Micro Advantage?

Micro Advantage
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Micro Advantage, Inc., established in 1982, is a prominent provider of Information Technology, Consulting, and IP Telephony Services based in Northeast Ohio. The company specializes in the design, deployment, and maintenance of bespoke IT and VoIP solutions, with a particular emphasis on Asterisk-based Enterprise Telephony. Serving corporate IT departments and medium to small businesses, Micro Advantage focuses on enhancing operational efficiency through advanced technological implementations. Their service portfolio includes comprehensive network design, business process automation, and dedicated telecommunications support, positioning them as a key player in the regional technology landscape.

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 substantial expansion capital, Micro Advantage is poised for significant growth. This funding, indicative of a Series B/C stage, will likely fuel strategic initiatives such as scaling operations, enhancing service offerings, and potentially expanding its market reach beyond Northeast Ohio. The company's focus on custom IT and VoIP solutions, particularly within the Asterisk ecosystem, suggests a strategic direction towards deepening its expertise and capturing a larger share of the enterprise communications market. Future developments may include further innovation in cloud-based telephony and integrated IT management services.

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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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