What is Volta?
Volta, formerly known as DMD Data Systems, is dedicated to empowering businesses by architecting bespoke data center and cybersecurity solutions tailored to the evolving demands of modern IT infrastructure. The company operates as a managed services provider (MSP), emphasizing the cultivation of long-term client relationships built on trust and honest recommendations. Volta's approach focuses on providing flexible support for diverse IT environments, ensuring clients receive solutions optimally aligned with their strategic business objectives.
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 EIP Ventures, Energize Ventures, SK E&S Co. Ltd., CION Investment, and Schneider Electric Ventures
Debt (2020): $350K supported by PPP
Key Investors in Volta
Energize Ventures
Energize Ventures is a prominent investment firm focused on climate solutions and the energy transition, specializing in asset-light, technology-enabled companies. They support innovations in digitized and decarbonized energy systems, aiming to foster resilience against cybersecurity threats.
EIP Ventures
EIP Ventures is an investment entity that has participated in Volta's funding rounds. Further details on their specific investment focus or domain were not provided in the input data.
CION Investment
CION Investment is a financial entity that has backed Volta. Information regarding their specialized investment areas or official website was not detailed in the provided data.
What's next for Volta?
The recent major strategic investment signals a period of accelerated growth and potential expansion for Volta. This capital infusion is likely to fuel advancements in their customized data center and cybersecurity offerings, enabling the company to address increasingly sophisticated technology challenges for its enterprise clients. Volta's focus on building enduring business relationships, coupled with its expertise in IT transformation, positions it for continued success in the managed services sector.
See full Volta company page
