How Much Did Syscom Raise?
Funding & Key Investors

Syscom has secured $964K in total funding, with its most recent capital infusion of $614K described as a major strategic investment. This significant backing underscores the company's established presence in the information technology services sector.

What is Syscom?

Syscom
Business ServicesSoftware Testing

SYSCOM is a Baltimore-based information technology services company founded in 1982. Its mission centers on creating and delivering the right technology solutions by collaborating with clients to understand their business needs and empower them to achieve their objectives. The company specializes in providing enterprise-wide solutions for a diverse range of private and public sector clients. As an established integrator of IBM solutions, SYSCOM addresses complex business challenges by merging complementary 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

Key Investors in Syscom

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Syscom?

The recent major strategic investment indicates a phase of potential expansion or technological advancement for Syscom. Given its long history and focus on enterprise-level IBM solutions, this capital infusion is likely to support the enhancement of its service offerings, potentially in areas like cloud integration, advanced analytics, or cybersecurity. The company's ability to secure this level of financing suggests strong market confidence in its established client base and its capacity to adapt to evolving IT landscapes. Future growth may involve deepening its expertise in current solution areas or exploring new strategic partnerships to broaden its market reach.

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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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