How Much Did NetWize Raise?
Funding & Key Investors

NetWize has successfully secured a major strategic investment, bringing its cumulative capital intake to $495K. This latest infusion of $345K underscores the firm's robust position within the competitive IT services landscape. By leveraging this debt-based financing, the organization continues to solidify its operational foundation, ensuring sustained delivery of high-level technical support and infrastructure solutions to its enterprise client base.

What is NetWize?

NetWize
Business ServicesSoftware Testing

Founded in 1998 and headquartered in Salt Lake, Utah, NetWize operates as a comprehensive provider of computer solutions and technical support services. The company specializes in complex network architecture, system design, structured cabling, and ongoing maintenance and repair. Beyond hardware and connectivity, NetWize distinguishes itself through a commitment to education and training, positioning itself as a holistic partner for businesses seeking to optimize their digital environments. Its long-standing presence in the market reflects a deep-seated expertise in managing the lifecycle of enterprise IT systems, from initial design to long-term operational support.

How much funding has NetWize raised?

NetWize has raised a total of $495K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$345K

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

Debt (2021): $345K led by PPP

Key Investors in NetWize

PPP

Public-Private Partnership

What's next for NetWize?

With the successful closure of this late-stage financing, NetWize is well-positioned to scale its service delivery capabilities and expand its footprint in the regional tech sector. The strategic allocation of this capital will likely focus on enhancing service automation, upgrading internal diagnostic tools, and potentially broadening its training curriculum to address the evolving demands of modern network security and cloud integration. As the company navigates this growth phase, the focus remains on maintaining high service standards while scaling its infrastructure to support a larger, more diverse portfolio of enterprise clients. This financial milestone serves as a catalyst for further operational maturity and market penetration.

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Frequently Asked Questions Regarding NetWize Financial Insights

What are the most recent funding rounds that NetWize has completed, and what were the funding rounds?
NetWize has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 7, 2020.
What is the total amount of funding NetWize has raised to date?
NetWize has raised a total of $495K in funding to date.
How many funding rounds has NetWize completed?
NetWize has completed 2 funding rounds.
How much funding did NetWize raise in its most recent funding round?
NetWize raised $345K in its most recent funding round.
Who are the lead investors in NetWize's latest funding round?
The lead investor in NetWize'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 NetWize's history?
The largest funding round in NetWize's history was $345K.
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