How Much Did Syscom Raise?
Funding & Key Investors

Syscom has secured $964K in total capital, with its most recent financing round bringing in $614K in a major strategic investment. This latest funding event, which occurred on February 19, 2021, follows a previous debt financing of $614M on February 19, 2021, and another debt financing of $350M on April 27, 2020. The company's consistent access to capital underscores its established presence in the information technology services sector.

What is Syscom?

Syscom
Business ServicesSoftware Testing

SYSCOM, based in Baltimore, is a seasoned information technology services company dedicated to developing and implementing optimal technology solutions. Since its inception in 1982, SYSCOM has focused on partnering with clients to understand their unique business requirements, thereby empowering them to achieve their strategic objectives. The company specializes in providing enterprise-wide solutions across both private and public sectors, positioning itself as an established integrator of IBM solutions. SYSCOM adeptly addresses complex business challenges by harmonizing diverse technology platforms, including Enterprise Content Management (ECM), Business Process Management (BPM), Advanced Capture and Classification, Java/Service Oriented Architecture (SOA) software development, Business Intelligence, and Legacy Platform integration.

How much funding has Syscom raised?

Syscom has raised a total of $964K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$614K

Debt (2020): $350K with participation from PPP

Debt (2021): $614K led by PPP

What's next for Syscom?

The substantial enterprise-level funding and recent strategic investment indicate Syscom is poised for significant expansion and further development of its comprehensive IT service offerings. This capital infusion is likely to fuel advancements in their core competencies, potentially enabling the company to broaden its market reach, enhance its integration capabilities with emerging technologies, and deepen its client partnerships. Syscom's long-standing history and focus on IBM solutions suggest a strategic direction aimed at solidifying its position as a key player in enterprise IT service delivery and complex business problem-solving.

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Frequently Asked Questions Regarding Syscom Financial Insights

What are the most recent funding rounds that Syscom has completed, and what were the funding rounds?
Syscom has recently completed 2 funding rounds: Debt on Feb 19, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Syscom has raised to date?
Syscom has raised a total of $964K in funding to date.
How many funding rounds has Syscom completed?
Syscom has completed 2 funding rounds.
How much funding did Syscom raise in its most recent funding round?
Syscom raised $614K in its most recent funding round.
Who are the lead investors in Syscom's latest funding round?
The lead investor in Syscom'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 Syscom's history?
The largest funding round in Syscom's history was $614K.
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