How Much Did Profulgent Technology Raise?
Funding & Key Investors

Profulgent Technology has secured $66K in total capital, with a recent infusion of $66K designated as substantial expansion capital. This significant funding round, indicative of a Series B/C stage, positions the company for accelerated growth and market penetration in the managed IT services sector.

The company's latest financing event underscores investor confidence in its business model and future prospects, signaling a critical phase for scaling operations and enhancing service delivery.

What is Profulgent Technology?

Profulgent Technology
Business ServicesSoftware Testing

Profulgent Technology, established in 2005, is a premier managed service provider headquartered in New Jersey and Florida. The company specializes in IT consulting and managed services, focusing on enabling businesses to leverage modern technology for efficient growth and robust cybersecurity. Profulgent Technology offers comprehensive networking solutions from industry leaders such as Microsoft, Cisco, and Dell, aiming to deliver optimal project management and infrastructure support. Their core client base consists of businesses seeking reliable IT support to overcome technology-related challenges and improve overall operational performance.

How much funding has Profulgent Technology raised?

Profulgent Technology has raised a total of $66K across 1 funding round:

2021

Debt

$66K

Debt (2021): $66K with participation from PPP

Key Investors in Profulgent Technology

PPP

Public-Private Partnership

What's next for Profulgent Technology?

With the recent substantial expansion capital, Profulgent Technology is poised for significant scaling initiatives. This strategic investment is expected to fuel enhancements in service offerings, potentially expanding their cybersecurity solutions and IT consulting capabilities. The company's focus on modernizing business technology and ensuring data protection aligns with current market demands, suggesting a trajectory towards increased market share and broader client acquisition. Future developments may include strategic partnerships or acquisitions to further solidify their position as a leading managed service provider.

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Frequently Asked Questions Regarding Profulgent Technology Financial Insights

What are the most recent funding rounds that Profulgent Technology has completed, and what were the funding rounds?
Profulgent Technology has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Profulgent Technology has raised to date?
Profulgent Technology has raised a total of $66K in funding to date.
How many funding rounds has Profulgent Technology completed?
Profulgent Technology has completed 1 funding rounds.
How much funding did Profulgent Technology raise in its most recent funding round?
Profulgent Technology raised $66K in its most recent funding round.
Who are the lead investors in Profulgent Technology's latest funding round?
The lead investor in Profulgent Technology'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 Profulgent Technology's history?
The largest funding round in Profulgent Technology's history was $66K.
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