What is ParaTech?
ParaTech, a veteran-led technology integration company, leverages over three decades of expertise to deliver comprehensive IT solutions, cybersecurity, and life/safety systems. The firm caters to a broad spectrum of clients, including major entities like Port NOLA and Cheniere Energy, by offering managed IT services, telephony, and advanced forensic analysis. ParaTech's core mission is to streamline technology management, enabling clients to concentrate on their primary business objectives through proactive threat intelligence, incident response, and robust cloud security solutions.
How much funding has ParaTech raised?
ParaTech has raised a total of $190K across 1 funding round:
Debt
$190K
Debt (2021): $190K with participation from PPP
What's next for ParaTech?
The substantial late-stage funding signifies ParaTech's readiness for accelerated growth and market penetration. This capital infusion is expected to fuel strategic initiatives, potentially including the enhancement of its cybersecurity offerings, expansion into new geographical markets, and the development of innovative IT solutions. The company's focus on simplifying complex technology management for large-scale clients positions it for continued success in an increasingly digital landscape.
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