How Much Did Progressive Computing Raise?
Funding & Key Investors

Progressive Computing has successfully secured a significant capital injection, bringing its total funding to $350K. This latest financing round, which accounts for $350K, underscores the firm's robust position within the managed services sector. By leveraging this recent investment, the company is well-positioned to accelerate its operational footprint and enhance its suite of enterprise-grade IT solutions.

What is Progressive Computing?

Progressive Computing
Business ServicesSoftware Testing

Progressive Computing operates as a premier Managed Service Provider (MSP) headquartered in New York City, delivering a comprehensive ecosystem of IT infrastructure support. The firm specializes in cloud computing, data backup and recovery, VoIP integration, and advanced cyber security protocols. By integrating artificial intelligence into its service delivery model, Progressive Computing ensures high-availability uptime for clients across Manhattan, Westchester County, and Connecticut. The company serves as a critical technology partner, allowing businesses to offload complex IT management tasks to focus on core operational objectives, thereby driving cost efficiency and systemic reliability.

How much funding has Progressive Computing raised?

Progressive Computing has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Progressive Computing

PPP

Public-Private Partnership

What's next for Progressive Computing?

With this large-scale late-stage funding, Progressive Computing is poised to scale its service delivery capabilities and deepen its penetration into the competitive regional IT market. The strategic allocation of this capital will likely focus on expanding the firm's AI-driven monitoring tools and bolstering its cyber security defense mechanisms. As the demand for reliable, outsourced IT management continues to rise, Progressive Computing is strategically aligned to capture additional market share, potentially through geographic expansion or the acquisition of smaller, specialized service providers to augment its existing technical portfolio.

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Frequently Asked Questions Regarding Progressive Computing Financial Insights

What are the most recent funding rounds that Progressive Computing has completed, and what were the funding rounds?
Progressive Computing has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Progressive Computing has raised to date?
Progressive Computing has raised a total of $350K in funding to date.
How many funding rounds has Progressive Computing completed?
Progressive Computing has completed 1 funding rounds.
How much funding did Progressive Computing raise in its most recent funding round?
Progressive Computing raised $350K in its most recent funding round.
Who are the lead investors in Progressive Computing's latest funding round?
The lead investor in Progressive Computing'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 Progressive Computing's history?
The largest funding round in Progressive Computing's history was $350K.
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