How Much Did SDS Technology Raise?
Funding & Key Investors

SDS Technology has secured $88K in total funding, with a recent capital infusion of $88K announced on January 22, 2021. This substantial expansion capital marks a significant milestone for the company, indicating a strong growth phase likely corresponding to Series B/C stages of development. The company's financial trajectory suggests a robust market position and investor confidence in its future prospects.

What is SDS Technology?

SDS Technology
Business ServicesSoftware Testing

Founded in 1984 by Steve Schallert, Systems Development Service (SDS) has evolved from a custom programming service provider to a comprehensive IT solutions partner, often serving as the outsourced "IT Department" for its clients. SDS has established itself as a leading provider of IBM mid-range services, recognized for its technological expertise, prompt service, and programming innovation. The company aggressively invests in customer technology needs through formal partnerships with major vendors like IBM, Microsoft, Cisco, HP, and Dell, maintaining advanced certification levels to stay at the forefront of technology. SDS has strategically expanded its service offerings and professional expertise through acquisitions, including web services in 1992 and the merger of RTA Systems' computer and networking division in 2002, solidifying its position as a major IT service and support provider in its market area. The company's growth necessitated a move to a larger facility in February 2003 and further expansion through the purchase of Computer Technologies in February 2004.

How much funding has SDS Technology raised?

SDS Technology has raised a total of $88K across 1 funding round:

2021

Debt

$88K

Debt (2021): $88K with participation from PPP

Key Investors in SDS Technology

PPP

Public-Private Partnership

What's next for SDS Technology?

The recent influx of substantial expansion capital positions SDS Technology for accelerated growth and strategic initiatives. Given its significant history and established market presence, this funding is likely to fuel further technological advancements, service diversification, and potentially geographic expansion. The company's commitment to vendor partnerships and advanced certifications suggests a continued focus on maintaining a competitive edge. Future developments may include enhanced cloud services, cybersecurity solutions, and deeper integration of AI and data analytics to better serve its client base and capitalize on emerging market opportunities.

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Frequently Asked Questions Regarding SDS Technology Financial Insights

What are the most recent funding rounds that SDS Technology has completed, and what were the funding rounds?
SDS Technology has recently completed 1 funding rounds: Debt on Jan 22, 2021.
What is the total amount of funding SDS Technology has raised to date?
SDS Technology has raised a total of $88K in funding to date.
How many funding rounds has SDS Technology completed?
SDS Technology has completed 1 funding rounds.
How much funding did SDS Technology raise in its most recent funding round?
SDS Technology raised $88K in its most recent funding round.
Who are the lead investors in SDS Technology's latest funding round?
The lead investor in SDS 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 SDS Technology's history?
The largest funding round in SDS Technology's history was $88K.
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