How Much Did Solid Networks Raise?
Funding & Key Investors

Solid Networks has secured $521K in total capital, with its most recent funding round bringing in $371K through a major strategic investment. This significant financial backing underscores the company's established presence and ongoing growth trajectory in the IT support sector.

What is Solid Networks?

Solid Networks
Business ServicesSoftware Testing

Founded in 1999, Solid Networks has been a cornerstone of IT support for small and medium-sized businesses across the Central Valley. The company specializes in providing enterprise-level IT practices and solutions, including technical helpdesk support, computer support, and consulting, all tailored to the budget constraints of smaller enterprises. Their extensive experience has enabled them to build a robust infrastructure that ensures affordability and continuous operation for their clients. Solid Networks partners with a diverse range of businesses, focusing on proactively eliminating IT issues to prevent costly downtime and empower client success. The company's philosophy centers on mutual growth, where client success directly translates to their own expansion.

How much funding has Solid Networks raised?

Solid Networks has raised a total of $521K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$371K

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

Debt (2021): $371K led by PPP

Key Investors in Solid Networks

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Solid Networks?

The recent major strategic investment indicates a pivotal phase for Solid Networks, likely aimed at expanding its service offerings, enhancing its technological infrastructure, or broadening its market reach within the Central Valley and potentially beyond. This infusion of capital is expected to bolster its capacity to deliver advanced IT solutions and solidify its competitive advantage in serving the small and medium-sized business sector. The company's commitment to client success suggests that future initiatives will likely focus on innovation and service excellence, further strengthening its position as a trusted IT partner.

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Frequently Asked Questions Regarding Solid Networks Financial Insights

What are the most recent funding rounds that Solid Networks has completed, and what were the funding rounds?
Solid Networks has recently completed 2 funding rounds: Debt on Feb 24, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Solid Networks has raised to date?
Solid Networks has raised a total of $521K in funding to date.
How many funding rounds has Solid Networks completed?
Solid Networks has completed 2 funding rounds.
How much funding did Solid Networks raise in its most recent funding round?
Solid Networks raised $371K in its most recent funding round.
Who are the lead investors in Solid Networks's latest funding round?
The lead investor in Solid Networks'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 Solid Networks's history?
The largest funding round in Solid Networks's history was $371K.
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