How Much Did Modern Data Raise?
Funding & Key Investors

Modern Data has secured $87K in total financing, with a recent capital injection of $87K to fuel substantial expansion. This latest funding round signifies a critical growth phase for the IT services provider.

What is Modern Data?

Modern Data
Business ServicesSoftware Testing

Modern Data operates within the IT services sector, positioning itself as a strategic partner for businesses seeking to harness technology for a competitive edge. The company specializes in a comprehensive suite of services, including managed IT, data backup and recovery, cloud solutions, and bespoke software development. Their client base, characterized by a strong emphasis on productivity and security, depends on Modern Data for timely support and expert navigation of evolving technological landscapes. The firm's commitment to adapting alongside technological advancements underscores its dedication to fostering client growth and achieving 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

Key Investors in Modern Data

PPP

Public-Private Partnership

What's next for Modern Data?

With significant Series B/C stage capital secured, Modern Data is poised for accelerated growth and market penetration. The substantial expansion capital is expected to be deployed towards enhancing service offerings, expanding operational capacity, and potentially exploring strategic acquisitions. This investment will likely enable Modern Data to further solidify its position as a leader in IT solutions, focusing on innovation in areas such as advanced cybersecurity, scalable cloud infrastructure, and data analytics to meet the increasingly complex demands of its clientele.

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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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