How Much Did Total Networx Raise?
Funding & Key Investors

Total Networx has secured significant capital, with the total funding amount reaching $150K and a recent strategic investment of $150K. This substantial backing positions the Minnesota-based IT firm for continued expansion and technological advancement in the competitive IT services sector.

What is Total Networx?

Total Networx
Business ServicesSoftware Testing

Established in 2004, Total Networx is a Minnesota-based IT firm dedicated to empowering businesses by allowing them to concentrate on their core operations rather than their technology infrastructure. The company specializes in providing cost-effective network architecture, robust security solutions, and reliable maintenance services without compromising on quality. Total Networx prides itself on fostering long-term client relationships, evidenced by an impressive 94% customer retention rate, and is known for its ability to tackle complex networking challenges that other providers cannot resolve.

How much funding has Total Networx raised?

Total Networx has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Total Networx

PPP

Public-Private Partnership

What's next for Total Networx?

The recent major strategic investment signifies a pivotal moment for Total Networx, indicating a strong market confidence in its business model and future growth trajectory. This influx of capital is expected to fuel further development of its service offerings, potentially expanding its market reach and enhancing its technological capabilities. The company's focus on customer retention and problem-solving suggests a strategic approach to scaling, aiming to solidify its position as a leading IT solutions provider in the region and beyond.

See full Total Networx company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesProject Management
Business ServicesResearch & DevelopmentChemicals & Related ProductsManufacturing
Business ServicesGraphicsArchitecture, Engineering & DesignConstruction
Business ServicesHuman Resources Management Systems (HRMS)Project Management

Frequently Asked Questions Regarding Total Networx Financial Insights

What are the most recent funding rounds that Total Networx has completed, and what were the funding rounds?
Total Networx has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Total Networx has raised to date?
Total Networx has raised a total of $150K in funding to date.
How many funding rounds has Total Networx completed?
Total Networx has completed 1 funding rounds.
How much funding did Total Networx raise in its most recent funding round?
Total Networx raised $150K in its most recent funding round.
Who are the lead investors in Total Networx's latest funding round?
The lead investor in Total Networx'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 Total Networx's history?
The largest funding round in Total Networx's history was $150K.
See more information about Total Networx