How Much Did Microworks Raise?
Funding & Key Investors

Microworks has secured $150K in total capital, with a recent major strategic investment of $150K. This significant backing underscores the company's established position in the IT outsourcing sector and its ongoing growth trajectory.

What is Microworks?

Microworks
Business ServicesSoftware Testing

Microworks is a premier IT outsourcing company serving clients along the Wasatch Front and in Park City, specializing in voice, data, and cable solutions. They provide a comprehensive range of services including telephone systems, server configuration, structured cabling, and custom data backup solutions. Their clients appreciate having a single point of contact for all IT needs, from network issues to access control. Microworks is committed to delivering reliable technology solutions tailored to the specific requirements of their customers.

How much funding has Microworks raised?

Microworks has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Microworks

PPP

Public-Private Partnership

What's next for Microworks?

The large-scale late-stage funding context suggests Microworks is poised for significant expansion, potentially through market penetration, service diversification, or strategic acquisitions. This major strategic investment will likely fuel further development of their voice, data, and cable solutions, enhancing their competitive edge in the IT outsourcing market. The company's focus on providing a single point of contact for all IT needs positions them well for continued client acquisition and retention.

See full Microworks company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesField Service Management
Business ServicesProject Management
Advertising NetworksBusiness Services
Accounting for Legal PracticesBusiness Services

Frequently Asked Questions Regarding Microworks Financial Insights

What are the most recent funding rounds that Microworks has completed, and what were the funding rounds?
Microworks has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Microworks has raised to date?
Microworks has raised a total of $150K in funding to date.
How many funding rounds has Microworks completed?
Microworks has completed 1 funding rounds.
How much funding did Microworks raise in its most recent funding round?
Microworks raised $150K in its most recent funding round.
Who are the lead investors in Microworks's latest funding round?
The lead investor in Microworks'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 Microworks's history?
The largest funding round in Microworks's history was $150K.
See more information about Microworks