What is Simon Systems?
Simon Systems specializes in providing fully tested features and parts for third-party maintenance providers, enabling them to meet critical customer demands. For end-users, leasing companies, and dealers, Simon Systems offers high-quality refurbished, tested, and certified IBM Mainframes. The company also assists with the disposal of end-of-life and off-lease mainframes and peripheral devices, demonstrating a comprehensive approach to IT asset management and refurbishment.
How much funding has Simon Systems raised?
Simon Systems has raised a total of $39K across 1 funding round:
Debt
$39K
Debt (2021): $39K with participation from PPP
What's next for Simon Systems?
With significant Series B/C stage backing, Simon Systems is poised for substantial expansion. The recent influx of expansion capital is expected to fuel growth initiatives, potentially involving scaling operations, enhancing service offerings, or expanding market reach. The company's established track record of over 25 years in providing refurbished IBM Mainframes and IT asset disposition services positions it well to leverage this investment for continued development and market leadership.
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