How Much Did SerialTek Raise?
Funding & Key Investors

SerialTek, a provider of advanced data storage test tools, has secured $405K in total capital, with its most recent financing round bringing in $255K through a major strategic investment. This significant backing underscores the company's established position in the competitive technology sector, particularly in enhancing testing capabilities for high-performance protocols.

What is SerialTek?

SerialTek
ManufacturingTest & Measurement Equipment

SerialTek specializes in developing and delivering advanced data storage test tools and solutions, with a particular focus on protocols such as SAS, SATA, PCIe, and NVMe. Established in 2007, the company's mission is to elevate testing efficiency and user-friendliness through its innovative product suite. Their offerings, including the Kodiak PCIe 6.0 / CXL 3.x Protocol Test System and specialized interposers, are designed for demanding, high-performance applications. SerialTek caters to clients within the technology industry, aiming to boost productivity and reduce total cost of ownership by providing cutting-edge testing solutions.

How much funding has SerialTek raised?

SerialTek has raised a total of $405K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$255K

Debt (2020): $150K with participation from PPP

Debt (2021): $255K led by PPP

What's next for SerialTek?

The substantial capital infusion, characterized as a large-scale late-stage funding event and a major strategic investment, positions SerialTek for accelerated growth and market expansion. This financing is expected to fuel further research and development into next-generation testing technologies, potentially broadening their protocol support and enhancing existing product lines. The company is likely to leverage this strategic backing to solidify its market leadership, expand its global reach, and potentially explore new application areas for its advanced data storage testing solutions. This investment signals strong confidence from stakeholders in SerialTek's future trajectory and its capacity to innovate within the evolving data storage landscape.

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Frequently Asked Questions Regarding SerialTek Financial Insights

What are the most recent funding rounds that SerialTek has completed, and what were the funding rounds?
SerialTek has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on May 1, 2020.
What is the total amount of funding SerialTek has raised to date?
SerialTek has raised a total of $405K in funding to date.
How many funding rounds has SerialTek completed?
SerialTek has completed 2 funding rounds.
How much funding did SerialTek raise in its most recent funding round?
SerialTek raised $255K in its most recent funding round.
Who are the lead investors in SerialTek's latest funding round?
The lead investor in SerialTek'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 SerialTek's history?
The largest funding round in SerialTek's history was $255K.
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