How Much Did Sole Source Technology Raise?
Funding & Key Investors

Sole Source Technology has secured $321K in total capital, with its most recent strategic investment amounting to $171K. This significant backing underscores the company's established position in the market and its trajectory for continued expansion. The company's financial activities, including recent debt financing rounds, highlight a robust strategy for operational growth and market penetration.

What is Sole Source Technology?

Sole Source Technology
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Sole Source Technology specializes in providing TAA compliant products, a critical offering for government and regulated industries. Their comprehensive solutions span data center network connectivity, high-performance solid-state storage, and essential memory modules. By leveraging an extensive network of over 1000 manufacturer partners, the company excels in strategic sourcing for OEM compatible network and storage components. Beyond product provision, Sole Source Technology offers extended maintenance services and global sourcing capabilities, ensuring clients receive reliable and tailored technology solutions designed to meet specific operational demands.

How much funding has Sole Source Technology raised?

Sole Source Technology has raised a total of $321K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$171K

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

Debt (2021): $171K led by PPP

Key Investors in Sole Source Technology

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Sole Source Technology?

With substantial late-stage funding, Sole Source Technology is poised for significant scaling and strategic advancements. The recent major strategic investment signals confidence from backers in the company's market strategy and its capacity for future growth. This capital infusion is expected to fuel further development of their TAA compliant product lines, enhance global sourcing operations, and potentially expand their service offerings in data center infrastructure and memory solutions. The company's focus on OEM compatibility and strategic partnerships positions it well to capitalize on evolving technological needs within its target markets.

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Frequently Asked Questions Regarding Sole Source Technology Financial Insights

What are the most recent funding rounds that Sole Source Technology has completed, and what were the funding rounds?
Sole Source Technology has recently completed 2 funding rounds: Debt on Jan 31, 2021, Debt on Apr 30, 2020.
What is the total amount of funding Sole Source Technology has raised to date?
Sole Source Technology has raised a total of $321K in funding to date.
How many funding rounds has Sole Source Technology completed?
Sole Source Technology has completed 2 funding rounds.
How much funding did Sole Source Technology raise in its most recent funding round?
Sole Source Technology raised $171K in its most recent funding round.
Who are the lead investors in Sole Source Technology's latest funding round?
The lead investor in Sole Source 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 Sole Source Technology's history?
The largest funding round in Sole Source Technology's history was $171K.
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