What is OpenArc?
OpenArc is a Pittsburgh-based firm specializing in custom software development and technical staffing. The company is committed to delivering innovative solutions and exceptional results by building bespoke software products and providing essential staffing and recruiting services. Driven by a dual passion for people and technology, OpenArc aims to unlock the full potential of its clients, serving a diverse clientele seeking tailored software solutions and skilled technical personnel. Their expertise spans both product creation and team augmentation.
How much funding has OpenArc raised?
OpenArc has raised a total of $2.9M across 2 funding rounds:
Debt
$1M
Debt
$1.9M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.9M led by PPP
Key Investors in OpenArc
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for OpenArc?
The recent major strategic investment positions OpenArc for accelerated expansion and enhanced service delivery. This infusion of capital is expected to fuel further development of their custom software solutions and bolster their technical staffing capabilities. The company is likely to leverage this backing to deepen its market penetration, explore new technological frontiers, and potentially scale its operations to meet increasing enterprise demand. Strategic partnerships and talent acquisition will be key areas of focus as OpenArc continues its growth narrative.
See full OpenArc company page