How Much Did Precise Networks Raise?
Funding & Key Investors

Precise Networks has solidified its market position through a strategic infusion of capital, securing a total of $14K to bolster its operational capabilities. This recent injection of $14K serves as a critical milestone for the organization, enabling the firm to accelerate its growth trajectory within the competitive IT services landscape. By leveraging this financing, the company is well-positioned to scale its infrastructure offerings and enhance its service delivery model for a diverse client base across Utah and beyond.

The capital allocation reflects a deliberate move to strengthen the firm's balance sheet while pursuing aggressive expansion in the managed services sector. As the company transitions through its current growth phase, this investment underscores investor confidence in its long-standing reputation for delivering reliable, secure, and scalable network solutions.

What is Precise Networks?

Precise Networks
TelecommunicationsInternet Service Providers, Website Hosting & Internet-related ServicesBusiness Services

Established in 1991, Precise Networks has evolved into a cornerstone provider of outsourced IT and network management services. The company specializes in architecting robust IT infrastructures tailored for small and medium-sized enterprises, with a deep footprint in sectors such as government, healthcare, finance, law, and manufacturing. Their comprehensive service portfolio includes private cloud deployments, sophisticated Asterisk-based VoIP voice systems, and high-level consulting for complex technical projects.

Beyond traditional managed services, the firm operates as a specialized Internet Service Provider, offering critical data access, colocation, and cloud-based infrastructure. By maintaining a focus on cost-effective, high-availability solutions, Precise Networks has successfully differentiated itself in a crowded market, providing the foundational technology required for modern digital operations.

How much funding has Precise Networks raised?

Precise Networks has raised a total of $14K across 1 funding round:

2021

Debt

$14K

Debt (2021): $14K with participation from PPP

Key Investors in Precise Networks

PPP

Public-Private Partnership

What's next for Precise Networks?

With the recent capital deployment, Precise Networks is poised to deepen its investment in cloud-native technologies and advanced network security protocols. The strategic roadmap likely involves expanding its private cloud footprint and enhancing its VoIP service offerings to meet the increasing demand for remote and hybrid work environments. By focusing on operational efficiency and service innovation, the company aims to capture a larger share of the regional IT services market.

Furthermore, the firm is expected to leverage its established expertise to pursue new enterprise-grade contracts, potentially diversifying its client portfolio into emerging tech-heavy industries. As the company continues to scale, the focus will remain on maintaining the high-touch, reliable service model that has defined its operations for over three decades, ensuring that its infrastructure remains the backbone for its clients' digital transformation efforts.

See full Precise Networks company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Telecommunications industry

TelecommunicationsVoIP
Internet Service Providers, Website Hosting & Internet-related ServicesTelecommunications
Internet Service Providers, Website Hosting & Internet-related ServicesTelecommunications
TelecommunicationsVoIP

Frequently Asked Questions Regarding Precise Networks Financial Insights

What are the most recent funding rounds that Precise Networks has completed, and what were the funding rounds?
Precise Networks has recently completed 1 funding rounds: Debt on Jan 31, 2021.
What is the total amount of funding Precise Networks has raised to date?
Precise Networks has raised a total of $14K in funding to date.
How many funding rounds has Precise Networks completed?
Precise Networks has completed 1 funding rounds.
How much funding did Precise Networks raise in its most recent funding round?
Precise Networks raised $14K in its most recent funding round.
Who are the lead investors in Precise Networks's latest funding round?
The lead investor in Precise Networks'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 Precise Networks's history?
The largest funding round in Precise Networks's history was $14K.
See more information about Precise Networks