What is Phoenix Data?
Phoenix Data Corporation is a provider of advanced technical solutions and expertise, serving critical sectors including Military, Government, Healthcare, and Commercial markets. The company's comprehensive service portfolio encompasses records modernization, robust data center and cloud hosting capabilities, specialized healthcare services, engineering solutions, IT services, and dedicated training and workforce development programs. Renowned for its stringent adherence to data security and compliance standards, Phoenix Data Corporation delivers high-quality management solutions precisely tailored to meet diverse client requirements. Their operational philosophy centers on adaptability and productivity, with the overarching goal of empowering organizations to achieve enhanced efficiency and profitability.
How much funding has Phoenix Data raised?
Phoenix Data has raised a total of $1M across 2 funding rounds:
Debt
$350K
Debt
$649K
Debt (2020): $350K with participation from PPP
Debt (2021): $649K led by PPP
Key Investors in Phoenix Data
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed investor
Undisclosed investor participating in the funding round.
What's next for Phoenix Data?
The recent major strategic investment signifies a pivotal moment for Phoenix Data, likely enabling accelerated expansion of its service offerings and market penetration. This infusion of capital is expected to fuel advancements in their technical solutions, particularly in areas like cloud hosting and data modernization, aligning with the growing demand for secure and efficient data management across its target sectors. The company's focus on adaptability and productivity suggests a strategic direction towards leveraging this financing to enhance operational capabilities and solidify its competitive advantage in the enterprise technology space.
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