How Much Did SDS Technology Raise?
Funding & Key Investors

SDS Technology has secured $88K in total financing, with a recent capital infusion of $88K to fuel substantial expansion. This significant funding round, indicative of a Series B/C stage, underscores the company's robust growth trajectory and market position.

What is SDS Technology?

SDS Technology
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Founded in 1984 by Steve Schallert, Systems Development Service (SDS) has evolved from a custom programming provider to a comprehensive IT solutions partner, often serving as the outsourced "IT Department" for its clientele. SDS has cultivated a strong reputation for technological expertise, prompt service, and programming innovation, particularly as a leading provider of IBM mid-range services in its market area. The company's strategic vendor partnerships with industry giants like IBM, Microsoft, Cisco, and HP, coupled with its commitment to advanced certifications, ensure it remains at the forefront of technological advancements. SDS has further solidified its market presence through strategic acquisitions, expanding its service offerings and professional expertise, including a significant expansion into web services in 1992 and the acquisition of RTA Systems' computer and networking division in 2002, making it the largest and most technically certified IT services provider in its region. Recent facility expansions and acquisitions of computer retail operations demonstrate a sustained commitment to growth and enhanced client support.

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?

With the recent substantial expansion capital, SDS Technology is poised for accelerated growth and enhanced service delivery. The company's strategic focus will likely involve further investment in its core IT services, expanding its client base, and potentially exploring new technological frontiers. The significant backing suggests a strategic push to scale operations, deepen vendor relationships, and possibly integrate new technologies or service lines to maintain its competitive edge in the dynamic IT landscape. This investment will empower SDS to continue its legacy of providing high-quality, innovative IT solutions and support to its diverse clientele.

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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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