How Much Did Oteka Technologies Raise?
Funding & Key Investors

Oteka Technologies has secured significant capital, with a total funding amount of $443K. The company recently announced a major strategic investment of $293K, underscoring its robust growth trajectory and market position in the low-voltage cabling solutions sector. This latest financing round follows previous debt financing, indicating a shift towards strategic capital infusion to fuel expansion.

What is Oteka Technologies?

Oteka Technologies
ConstructionConstruction Management

Oteka Technologies specializes in delivering high-quality low-voltage cabling solutions, emphasizing precision and integrity. The company offers a comprehensive suite of services, including inside and outside plant infrastructure, data center installation, and voice, video, and data solutions. Serving corporate, nonprofit, and government sectors, Oteka Technologies has built a reputation for dependable service since its inception in 2016. The company is recognized as a rising leader in technology, expanding its operational footprint from Memphis.

How much funding has Oteka Technologies raised?

Oteka Technologies has raised a total of $443K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$293K

Debt (2020): $150K with participation from PPP

Debt (2021): $293K led by PPP

What's next for Oteka Technologies?

The substantial large-scale late-stage funding, particularly the recent strategic investment, positions Oteka Technologies for accelerated growth and market penetration. This capital infusion is expected to bolster the company's capacity to innovate and scale its operations, potentially enabling expansion into new markets or the development of advanced cabling technologies. The strategic nature of the recent financing suggests a focus on long-term value creation and strengthening its competitive advantage in the technology infrastructure domain.

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Frequently Asked Questions Regarding Oteka Technologies Financial Insights

What are the most recent funding rounds that Oteka Technologies has completed, and what were the funding rounds?
Oteka Technologies has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Oteka Technologies has raised to date?
Oteka Technologies has raised a total of $443K in funding to date.
How many funding rounds has Oteka Technologies completed?
Oteka Technologies has completed 2 funding rounds.
How much funding did Oteka Technologies raise in its most recent funding round?
Oteka Technologies raised $293K in its most recent funding round.
Who are the lead investors in Oteka Technologies's latest funding round?
The lead investor in Oteka Technologies'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 Oteka Technologies's history?
The largest funding round in Oteka Technologies's history was $293K.
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