How Much Did Modern Data Raise?
Funding & Key Investors

Modern Data has successfully secured a significant capital injection, bringing its total funding to $87K. This latest financing round, which accounts for $87K, underscores the firm's robust position within the competitive IT services landscape. By leveraging this substantial expansion capital, the company is well-positioned to accelerate its service delivery capabilities and deepen its market penetration in the enterprise technology sector.

What is Modern Data?

Modern Data
Business ServicesSoftware Testing

Modern Data operates as a comprehensive IT solutions provider, specializing in managed services, cloud computing, and custom software development. The firm distinguishes itself by integrating high-level IT security and compliance protocols directly into its service architecture, ensuring that clients maintain a competitive advantage while mitigating operational risks. By focusing on data backup, recovery, and strategic technological guidance, Modern Data serves as a critical partner for organizations seeking to optimize productivity and navigate the complexities of modern digital infrastructure.

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 the recent influx of capital, Modern Data is expected to prioritize the scaling of its managed IT infrastructure and the enhancement of its proprietary software development suite. The strategic roadmap likely involves expanding its footprint in cloud-based service delivery and strengthening its cybersecurity offerings to meet the evolving compliance demands of its client base. As the company transitions through this growth phase, the focus will remain on maintaining operational excellence while scaling its human capital and technical resources to support long-term business continuity for its enterprise partners.

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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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