How Much Did Ocean Computer Group Raise?
Funding & Key Investors

Ocean Computer Group has secured $350K in total capital, with its most recent funding round bringing in $350K. This major strategic investment marks a significant milestone for the New Jersey-based IT services provider, underscoring its established presence and growth trajectory in the competitive technology sector.

The company specializes in providing Managed IT Services and IT Support to municipalities, local government agencies, and businesses across New Jersey, New York City, and Eastern Pennsylvania. Their comprehensive service offerings include network security, cloud services, business continuity, and disaster recovery solutions, all meticulously designed to address the unique requirements of their clientele.

What is Ocean Computer Group?

Ocean Computer Group
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Established in 1985, Ocean Computer Group has cultivated a robust reputation for delivering exceptional customer service and rapid response times, particularly within the government, education, and public sector markets. The company's extensive experience, supporting over 1000 clients, positions it as a reliable partner for organizations seeking to enhance operational efficiency and ensure adherence to stringent industry standards. Their strategic focus on public sector entities highlights a deep understanding of regulatory environments and the critical nature of IT infrastructure in public service delivery.

How much funding has Ocean Computer Group raised?

Ocean Computer Group has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Ocean Computer Group?

Given the large-scale, late-stage funding context, Ocean Computer Group is likely poised for significant expansion and further enhancement of its service capabilities. This strategic capital infusion is expected to fuel initiatives such as expanding geographic reach, investing in advanced technological solutions, and potentially acquiring complementary businesses to broaden its market penetration. The company's continued focus on managed IT services for government and municipal clients suggests a strategy aimed at solidifying its leadership position in this niche while exploring opportunities for innovation and service diversification.

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Frequently Asked Questions Regarding Ocean Computer Group Financial Insights

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