How Much Did ParaTech Raise?
Funding & Key Investors

ParaTech has secured $190K in total capital, with its most recent financing round bringing in $190K. This significant strategic investment underscores the company's established position in the technology integration sector and its trajectory towards further expansion.

What is ParaTech?

ParaTech
Business ServicesSoftware TestingSecurity Information and Event Management (SIEM)

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:

2021

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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Frequently Asked Questions Regarding ParaTech Financial Insights

What are the most recent funding rounds that ParaTech has completed, and what were the funding rounds?
ParaTech has recently completed 1 funding rounds: Debt on Feb 3, 2021.
What is the total amount of funding ParaTech has raised to date?
ParaTech has raised a total of $190K in funding to date.
How many funding rounds has ParaTech completed?
ParaTech has completed 1 funding rounds.
How much funding did ParaTech raise in its most recent funding round?
ParaTech raised $190K in its most recent funding round.
Who are the lead investors in ParaTech's latest funding round?
The lead investor in ParaTech'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 ParaTech's history?
The largest funding round in ParaTech's history was $190K.
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