What is Volta?
Volta, formerly known as DMD Data Systems, is a managed services provider (MSP) dedicated to helping businesses navigate complex technology challenges. The company specializes in designing bespoke data center and cybersecurity solutions tailored to modern IT transformation demands. Volta prioritizes building long-term client relationships by offering honest recommendations and flexible support, ensuring solutions align with business objectives and foster trust through reliable IT environment management.
How much funding has Volta raised?
Volta has raised a total of $104.8M across 3 funding rounds:
Series A
$4.5M
Series C
$100M
Debt
$350K
Series A (2015): $4.5M, investors not publicly disclosed
Series C (2019): $100M led by Schneider Electric Ventures, EIP Ventures, SK E&S Co. Ltd., CION Investment, and Energize Ventures
Debt (2020): $350K supported by PPP
Key Investors in Volta
Energize Ventures
Energize Capital is an investor focused on climate solutions, aiming to scale sustainable innovations through partnerships with those shaping the future of energy. The firm specializes in investing in asset-light, technology-enabled companies that are pivotal in transitioning to a digitized and decarbonized energy system. Their portfolio supports companies advancing the new energy economy and emphasizes resilience against emerging cybersecurity threats. Energize Capital's recent initiatives include raising substantial funds to support innovative digital technologies within the energy sector.
Schneider Electric Ventures
Schneider Electric Ventures is an investment arm focused on companies that align with Schneider Electric's mission in energy management and automation, likely supporting innovations in smart grids, industrial technology, and sustainable energy solutions.
EIP Ventures
EIP Ventures is a venture capital firm that provides growth capital to technology companies, often focusing on sectors such as software, IT services, and digital infrastructure, aiming to accelerate their market expansion and product development.
What's next for Volta?
With a history of major enterprise-level funding and a recent significant strategic investment, Volta is poised for substantial expansion. The company's trajectory suggests a focus on scaling its managed services offerings, potentially through further technological development in data center infrastructure and advanced cybersecurity protocols. This strategic backing will likely enable Volta to enhance its service delivery capabilities, broaden its market reach, and solidify its position as a trusted partner for businesses undergoing digital transformation.
See full Volta company page
