What is TransData?
Founded in 1969 and headquartered in Carrollton, Texas, TransData is a privately-held corporation specializing in advanced metering infrastructure (AMI) solutions. The company serves critical applications within smart grid revenue metering, mission-critical power generation, distribution, transmission grid operations, and commercial-industrial metering installations. Its extensive history and focus on robust metering technologies position it as a key supplier for utilities and industrial clients requiring reliable data acquisition and management for energy infrastructure.
How much funding has TransData raised?
TransData has raised a total of $402K across 2 funding rounds:
Debt
$150K
Debt
$252K
Debt (2020): $150K with participation from PPP
Debt (2021): $252K led by PPP
What's next for TransData?
With the recent influx of $252K in a major strategic investment, TransData is poised for further expansion and technological advancement. The company's large-scale late-stage funding context suggests a focus on scaling operations, enhancing its AMI solutions, and potentially exploring new market segments or deepening its penetration in existing ones. This capital infusion is expected to bolster its competitive edge in the smart grid sector, enabling TransData to meet the increasing demand for sophisticated metering and data analytics in the global energy market.
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