How Much Did ODI Raise?
Funding & Key Investors

ODI has secured a total funding amount of $350K, with its most recent financing round bringing in $350K in a major strategic investment. This significant capital infusion underscores the company's established market presence and its trajectory within the late-stage funding landscape.

What is ODI?

ODI
RetailEcommerce Platforms

Optimum Data, operating under the name ODI, is a prominent dealer specializing in the acquisition, resale, and leasing of used Cisco networking equipment. With over two decades of industry experience, the company excels in enhancing the value of pre-owned and refurbished Cisco products through a meticulous refurbishment process. ODI serves a diverse clientele, from Fortune 500 corporations to individuals pursuing Cisco certifications, offering an extensive inventory of networking hardware. Their commitment to quality and affordability, coupled with services for asset liquidation and revenue recovery, positions them as a key player in the circular economy for enterprise IT infrastructure.

How much funding has ODI raised?

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

2020

Debt

$350K

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

Key Investors in ODI

PPP

Public-Private Partnership

What's next for ODI?

The recent strategic investment into ODI signals a pivotal moment for the company, likely enabling expansion of its refurbishment capabilities, inventory acquisition, and market reach. As a late-stage company, this capital is expected to fuel growth initiatives, potentially including technological upgrades to their refurbishment processes or strategic partnerships to broaden their customer base. The focus on enhancing the value of used Cisco equipment aligns with growing market trends towards sustainability and cost-efficiency in enterprise IT procurement, suggesting a robust future for ODI.

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Frequently Asked Questions Regarding ODI Financial Insights

What are the most recent funding rounds that ODI has completed, and what were the funding rounds?
ODI has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding ODI has raised to date?
ODI has raised a total of $350K in funding to date.
How many funding rounds has ODI completed?
ODI has completed 1 funding rounds.
How much funding did ODI raise in its most recent funding round?
ODI raised $350K in its most recent funding round.
Who are the lead investors in ODI's latest funding round?
The lead investor in ODI'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 ODI's history?
The largest funding round in ODI's history was $350K.
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