How Much Did Total Networx Raise?
Funding & Key Investors

Total Networx has successfully secured a major strategic investment, bringing its cumulative capital intake to $150K. This latest financing round, totaling $150K, underscores the firm's robust market position as a provider of mission-critical IT solutions. By leveraging this influx of capital, the Minnesota-based enterprise is well-positioned to accelerate its service delivery capabilities and expand its footprint in the competitive managed services sector.

What is Total Networx?

Total Networx
Business ServicesSoftware Testing

Established in 2004, Total Networx operates as a specialized IT firm focused on streamlining network architecture, cybersecurity, and ongoing maintenance for its enterprise clientele. The company distinguishes itself through a high-touch service model, evidenced by a 94% customer retention rate, which serves as a testament to its operational reliability. By positioning itself as a partner that solves complex networking challenges, the firm has carved out a significant niche in the IT infrastructure landscape, prioritizing cost-effective, high-quality technical support that allows clients to focus on core business operations rather than technical overhead.

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?

With the successful completion of this late-stage funding, Total Networx is poised to transition into a phase of aggressive operational scaling. The strategic allocation of these funds will likely focus on enhancing the firm's cybersecurity portfolio and expanding its technical infrastructure to support a broader range of enterprise clients. As the demand for resilient and secure network environments continues to rise, the company is expected to leverage its proven track record to capture additional market share, potentially exploring new regional markets or advanced service offerings that address the evolving complexities of modern digital transformation.

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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.
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