How Much Did Modern Data Raise?
Funding & Key Investors

Modern Data has secured $87K in recent financing, contributing to a total funding amount of $87K. This capital infusion marks a significant stage for the IT services provider, underscoring its strategic importance in the competitive technology landscape.

What is Modern Data?

Modern Data
Business ServicesSoftware Testing

Modern Data operates as a comprehensive IT solutions provider, empowering clients to harness technology for a distinct competitive edge. The company specializes in critical areas such as robust IT security and regulatory compliance, offering a diverse suite of services. These include managed IT services, advanced data backup and recovery solutions, scalable cloud computing infrastructure, and bespoke software development. Clients, who prioritize operational efficiency and data protection, depend on Modern Data for prompt support and expert insights into technological evolution. The firm's commitment lies in adapting to the dynamic technological environment to foster client growth and achieve their business objectives.

How much funding has Modern Data raised?

Modern Data has raised a total of $87K across 1 funding round:

2021

Debt

$87K

Debt (2021): $87K with participation from PPP

What's next for Modern Data?

With the recent substantial expansion capital, Modern Data is poised for accelerated growth and enhanced service delivery. This strategic investment is expected to fuel further development in their core offerings, potentially expanding their managed IT services and cloud computing capabilities. The company's focus on IT security and compliance, coupled with their ability to provide immediate expert guidance, positions them well to capitalize on the increasing demand for secure and efficient technology infrastructure. Future initiatives may involve broadening their market reach and deepening their technological expertise to maintain their competitive advantage.

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Frequently Asked Questions Regarding Modern Data Financial Insights

What are the most recent funding rounds that Modern Data has completed, and what were the funding rounds?
Modern Data has recently completed 1 funding rounds: Debt on Feb 14, 2021.
What is the total amount of funding Modern Data has raised to date?
Modern Data has raised a total of $87K in funding to date.
How many funding rounds has Modern Data completed?
Modern Data has completed 1 funding rounds.
How much funding did Modern Data raise in its most recent funding round?
Modern Data raised $87K in its most recent funding round.
Who are the lead investors in Modern Data's latest funding round?
The lead investor in Modern Data'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 Modern Data's history?
The largest funding round in Modern Data's history was $87K.
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