How Much Did PDDN Raise?
Funding & Key Investors

PDDN has secured significant capital, with a total funding amount of $342K. The company recently announced a major strategic investment of $192K, underscoring its position in the market. This latest financing round follows a history of debt financing, indicating a strategic shift towards growth capital. The company's trajectory suggests a move towards scaling operations and expanding its market reach.

What is PDDN?

PDDN
Business ServicesSoftware TestingHuman Resources Management Systems (HRMS)

PDDN is a comprehensive provider of end-to-end software solutions and IT consulting services, dedicated to empowering clients to achieve their technology objectives while maintaining focus on core business operations. The company offers a robust suite of staffing services, encompassing contingent, permanent, and specialized skills recruitment, ensuring organizations are equipped with quality and dedicated personnel. Furthermore, PDDN actively engages in developing proprietary engineering projects, leveraging modern frameworks such as Node.JS and AngularJS. As a certified Minority-Owned and Women-Owned Business, PDDN prioritizes the cultivation of enduring strategic partnerships with its clientele.

How much funding has PDDN raised?

PDDN has raised a total of $342K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$192K

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

Debt (2021): $192K led by PPP

Key Investors in PDDN

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for PDDN?

With the recent influx of capital, PDDN is poised for significant expansion and strategic development. The large-scale, late-stage funding suggests a focus on scaling operations, potentially through market penetration, product enhancement, or strategic acquisitions. The company's emphasis on end-to-end solutions and IT consulting, coupled with its staffing services, positions it to capitalize on the growing demand for digital transformation and specialized IT talent. Future initiatives will likely involve strengthening its engineering capabilities and expanding its client base, further solidifying its market presence.

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Frequently Asked Questions Regarding PDDN Financial Insights

What are the most recent funding rounds that PDDN has completed, and what were the funding rounds?
PDDN has recently completed 2 funding rounds: Debt on Feb 11, 2021, Debt on Apr 15, 2020.
What is the total amount of funding PDDN has raised to date?
PDDN has raised a total of $342K in funding to date.
How many funding rounds has PDDN completed?
PDDN has completed 2 funding rounds.
How much funding did PDDN raise in its most recent funding round?
PDDN raised $192K in its most recent funding round.
Who are the lead investors in PDDN's latest funding round?
The lead investor in PDDN'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 PDDN's history?
The largest funding round in PDDN's history was $192K.
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