What is NetWize?
Founded in 1998 and headquartered in Salt Lake, Utah, NetWize specializes in a wide array of IT services. Their offerings encompass networking, system design, wiring, ongoing maintenance and repair, as well as educational and training services for computer systems. The company caters to businesses requiring robust IT infrastructure and reliable support, positioning itself as a key player in the computer solutions and support sector.
How much funding has NetWize raised?
NetWize has raised a total of $495K across 2 funding rounds:
Debt
$150K
Debt
$345K
Debt (2020): $150K with participation from PPP
Debt (2021): $345K led by PPP
What's next for NetWize?
The substantial capital infusion, particularly the recent strategic investment, signals NetWize's readiness for accelerated growth and market expansion. As a company operating in the large-scale late-stage funding environment, this backing is likely to be deployed towards enhancing service capabilities, expanding its geographical reach, and potentially investing in new technological solutions. The focus on strategic investment suggests a forward-looking approach aimed at solidifying its competitive advantage in the IT services landscape.
See full NetWize company page