How Much Did Precision Networks Raise?
Funding & Key Investors

Precision Networks has successfully secured a significant capital injection, bringing its total funding to $37K. This latest financing round, which accounts for $37K, underscores the firm's robust trajectory within the managed IT services sector. By leveraging this substantial expansion capital, the company is well-positioned to scale its operations and deepen its market penetration across the Maryland and Delaware regions.

The infusion of resources marks a pivotal moment for the organization, transitioning from a regional service provider to a more formidable player in the competitive landscape of enterprise-level technology solutions. This strategic backing provides the necessary liquidity to accelerate service delivery and enhance the firm's proprietary cybersecurity frameworks.

What is Precision Networks?

Precision Networks
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Founded in 2009, Precision Networks, Inc. operates as a specialized provider of managed IT services and comprehensive cybersecurity solutions. The company serves a diverse clientele, including small to medium-sized businesses, educational institutions, healthcare providers, and local government entities. Their core service portfolio encompasses proactive IT support, strategic technology consulting, and structured cabling, all designed to streamline complex digital operations.

By focusing on personalized, enterprise-grade technology, Precision Networks enables its clients to mitigate operational risks and focus on their primary business objectives. The firm's market position is defined by its commitment to high-touch service models that address the specific regulatory and security requirements of its regional customer base.

How much funding has Precision Networks raised?

Precision Networks has raised a total of $37K across 1 funding round:

2021

Debt

$37K

Debt (2021): $37K with participation from PPP

Key Investors in Precision Networks

PPP

Public-Private Partnership

What's next for Precision Networks?

With the recent influx of capital, Precision Networks is expected to prioritize the expansion of its cybersecurity suite and the optimization of its managed service infrastructure. The firm will likely focus on talent acquisition to support its growing client base and invest in advanced monitoring tools to bolster its proactive service capabilities.

Looking ahead, the company is poised to capitalize on the increasing demand for outsourced IT management as businesses continue to navigate complex digital transformation requirements. By maintaining its focus on regional expertise while scaling its technical offerings, Precision Networks is strategically aligned to capture additional market share and solidify its reputation as a reliable partner for SMBs seeking robust, secure, and scalable technology environments.

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Frequently Asked Questions Regarding Precision Networks Financial Insights

What are the most recent funding rounds that Precision Networks has completed, and what were the funding rounds?
Precision Networks has recently completed 1 funding rounds: Debt on Mar 8, 2021.
What is the total amount of funding Precision Networks has raised to date?
Precision Networks has raised a total of $37K in funding to date.
How many funding rounds has Precision Networks completed?
Precision Networks has completed 1 funding rounds.
How much funding did Precision Networks raise in its most recent funding round?
Precision Networks raised $37K in its most recent funding round.
Who are the lead investors in Precision Networks's latest funding round?
The lead investor in Precision 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 Precision Networks's history?
The largest funding round in Precision Networks's history was $37K.
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