What is ODI?
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:
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.
See full ODI company page