What is Planet Associates?
Planet Associates specializes in providing solutions for large organizations to gain granular control over their IT networks through the consolidation of critical IT infrastructure data. The company develops and supports Planet® IRM, a leading visual Configuration Management System (CMS). This system is uniquely capable of consolidating data for all infrastructure equipment, cabling, and connectivity, spanning from the Data Center to Inside Plant, Outside Plant, and WAN. Planet Associates offers its products and services directly and through a network of partners, including Systems Integrators, Managed Services Organizations, and Consulting Firms. Government customers can procure Planet IRM easily through GSA Schedules or other government contract vehicles. To expedite customer success, the company provides comprehensive consulting, custom development, implementation, training, and maintenance services, helping clients maximize, protect, and maintain their critical IT infrastructure by leveraging the physical layer for enhanced command and control. Their success is achieved by broadly extending the practice of intelligent asset management and visual event management to both government and commercial organizations.
How much funding has Planet Associates raised?
Planet Associates has raised a total of $368K across 2 funding rounds:
Debt
$150K
Debt
$218K
Debt (2020): $150K with participation from PPP
Debt (2021): $218K led by PPP
What's next for Planet Associates?
The substantial capital infusion, particularly the recent strategic investment, positions Planet Associates for accelerated growth and market expansion. This funding is expected to fuel further development of its Planet® IRM platform, enhancing its capabilities in visual Configuration Management and IT infrastructure data consolidation. The company is likely to focus on broadening its reach within both government and commercial sectors, potentially through strategic partnerships and expanded sales channels. Continued investment in consulting, custom development, and implementation services will be crucial to supporting its client base and solidifying its market leadership in intelligent asset and visual event management.
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