How Much Did Palmetto Data Systems Raise?
Funding & Key Investors

Palmetto Data Systems has secured $60K in recent financing, contributing to a total funding amount of $60K. This capital infusion underscores the company's strategic position in the data collection and barcode solutions market, signaling a period of significant growth and operational expansion.

What is Palmetto Data Systems?

Palmetto Data Systems
Business ServicesSoftware Testing

Palmetto Data Systems, established in 1989 and based in Simpsonville, SC, operates as a comprehensive full-service barcode system integrator. The company focuses on providing advanced barcode scanners, thermal transfer label printers, and bespoke software solutions designed to optimize inventory control and ensure compliance labeling for businesses. Their commitment to exceptional customer service aims to deliver robust barcoding solutions to clients primarily in South Carolina, North Carolina, and Georgia, addressing critical data collection needs.

How much funding has Palmetto Data Systems raised?

Palmetto Data Systems has raised a total of $60K across 1 funding round:

2021

Debt

$60K

Debt (2021): $60K with participation from PPP

What's next for Palmetto Data Systems?

With substantial expansion capital secured, Palmetto Data Systems is poised for accelerated growth. The company's significant Series B/C stage funding context suggests a strategic focus on scaling operations, potentially expanding its market reach beyond its current regional focus, and enhancing its product and service offerings. This investment will likely fuel advancements in their custom software solutions and reinforce their position as a leading provider of integrated barcode and data collection systems.

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Frequently Asked Questions Regarding Palmetto Data Systems Financial Insights

What are the most recent funding rounds that Palmetto Data Systems has completed, and what were the funding rounds?
Palmetto Data Systems has recently completed 1 funding rounds: Debt on Feb 26, 2021.
What is the total amount of funding Palmetto Data Systems has raised to date?
Palmetto Data Systems has raised a total of $60K in funding to date.
How many funding rounds has Palmetto Data Systems completed?
Palmetto Data Systems has completed 1 funding rounds.
How much funding did Palmetto Data Systems raise in its most recent funding round?
Palmetto Data Systems raised $60K in its most recent funding round.
Who are the lead investors in Palmetto Data Systems's latest funding round?
The lead investor in Palmetto Data Systems'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 Palmetto Data Systems's history?
The largest funding round in Palmetto Data Systems's history was $60K.
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