How Much Did Microland Raise?
Funding & Key Investors

Microland, a provider of custom software and information technology services, has secured significant enterprise-level funding, with its total funding reaching $18.3M. The company recently announced a major strategic investment, underscoring its continued growth and market position in the IT services sector. This latest capital infusion is expected to fuel further expansion and innovation.

What is Microland?

Microland
Business ServicesSoftware Testing

Founded in 1989 and headquartered in Bengaluru, India, Microland offers a comprehensive suite of IT services designed to meet the evolving needs of businesses. Their offerings span data processing, facilities management, and security assurance, among other critical technology solutions. Microland has established itself as a key player in the enterprise IT landscape, providing tailored software and services to a diverse clientele.

How much funding has Microland raised?

Microland has raised a total of $18.3M across 2 funding rounds:

2005

Other Financing Round

$7.3M

2006

Other Financing Round

$11M

Other Financing Round (2005): $7.3M with participation from SYNNEX and ICICI Bank

Other Financing Round (2006): $11M led by Intel Capital, Cargill Ventures, Icon Ventures, Trident Capital, and Black River Asset Management

Key Investors in Microland

SYNNEX

SYNNEX is a global IT solutions distributor and services company, providing a broad range of technology products and services to resellers and original equipment manufacturers.

Intel Capital

Intel Capital is the venture capital investment arm of Intel Corporation, focusing on innovative startups in areas like AI, autonomous vehicles, and cloud computing.

Cargill Ventures

Cargill Ventures is the venture capital arm of Cargill, investing in companies that align with Cargill's mission in food, agriculture, and industrial sectors.

What's next for Microland?

With a history of substantial capital raises, including a significant strategic investment in its most recent funding round, Microland appears poised for continued development and market penetration. The company's focus on custom software and IT services positions it well within a dynamic technology sector. Future strategic moves will likely involve leveraging this latest backing to enhance its service portfolio, expand its operational reach, and potentially explore new technological frontiers to maintain its competitive edge.

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Frequently Asked Questions Regarding Microland Financial Insights

What are the most recent funding rounds that Microland has completed, and what were the funding rounds?
Microland has recently completed 2 funding rounds: Other Financing Round on Aug 14, 2006, Other Financing Round on Jan 17, 2005.
What is the total amount of funding Microland has raised to date?
Microland has raised a total of $18.3M in funding to date.
How many funding rounds has Microland completed?
Microland has completed 2 funding rounds.
How much funding did Microland raise in its most recent funding round?
Microland raised $11M in its most recent funding round.
Who are the lead investors in Microland's latest funding round?
The lead investor in Microland's latest funding round was Intel Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Microland's history?
The largest funding round in Microland's history was $11M.
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