How Much Did NGEN Raise?
Funding & Key Investors

NGEN, an established Information Technology services provider, has secured significant capital, with its total funding reaching $350K and its most recent financing event amounting to $350K. This recent strategic investment underscores the company's ongoing growth trajectory and its position within the competitive IT solutions market. The company's financial activities reflect its maturity and strategic objectives in scaling its operations and expanding its service offerings.

What is NGEN?

NGEN
Business ServicesSoftware Testing

NGEN is a seasoned Information Technology services provider boasting three decades of operational experience. The company specializes in a comprehensive suite of services including Managed IT Services, robust Cyber Security solutions, secure Cloud Hosting, and expert IT Consulting. NGEN is dedicated to delivering customized and cost-effective IT solutions tailored to a diverse clientele, encompassing commercial enterprises, not-for-profit organizations, and government agencies. A key focus for NGEN is the enhancement of IT infrastructure for government entities, ensuring technology is utilized efficiently and effectively to meet operational demands.

How much funding has NGEN raised?

NGEN has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in NGEN

PPP

Public-Private Partnership

What's next for NGEN?

With its substantial backing and late-stage funding context, NGEN is strategically positioned for accelerated expansion and service enhancement. The company's focus on critical IT domains such as cybersecurity and cloud hosting, coupled with its experience in serving government sectors, suggests a forward-looking strategy aimed at capturing larger contracts and deepening its market penetration. Future investments are likely to be directed towards scaling its managed services capabilities, advancing its cybersecurity offerings, and potentially exploring new technological frontiers to maintain its competitive edge and support its diverse client base through evolving digital landscapes.

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Frequently Asked Questions Regarding NGEN Financial Insights

What are the most recent funding rounds that NGEN has completed, and what were the funding rounds?
NGEN has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding NGEN has raised to date?
NGEN has raised a total of $350K in funding to date.
How many funding rounds has NGEN completed?
NGEN has completed 1 funding rounds.
How much funding did NGEN raise in its most recent funding round?
NGEN raised $350K in its most recent funding round.
Who are the lead investors in NGEN's latest funding round?
The lead investor in NGEN'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 NGEN's history?
The largest funding round in NGEN's history was $350K.
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