How Much Did Wasatch I.T. Raise?
Funding & Key Investors

Wasatch I.T. has successfully secured a major strategic investment, marking a significant milestone in its corporate trajectory. With a total funding amount reaching $350K, the firm is well-positioned to accelerate its market penetration. This recent funding amount of $350K underscores the confidence institutional backers have in the company's robust service model and its ability to scale within the competitive managed services landscape.

What is Wasatch I.T.?

Wasatch I.T.
Business ServicesSoftware Testing

Headquartered in Salt Lake City, Utah, Wasatch I.T. operates as a premier provider of managed IT services, cybersecurity, and regulatory compliance solutions. By functioning as an outsourced technical department for over 500 clients, the company effectively bridges the gap between complex digital infrastructure requirements and operational efficiency. Their service portfolio, which encompasses remote technical support, proactive network monitoring, and cloud-based consulting, allows businesses to offload the burden of internal IT management. With a dedicated workforce of nearly 50 technicians, Wasatch I.T. provides a scalable framework that reduces overhead while maintaining high-availability standards for its diverse client base.

How much funding has Wasatch I.T. raised?

Wasatch I.T. has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Wasatch I.T.

PPP

Public-Private Partnership

What's next for Wasatch I.T.?

Following this late-stage capital injection, Wasatch I.T. is poised to transition into a phase of aggressive expansion and service diversification. The strategic allocation of these funds will likely focus on enhancing their cybersecurity posture to meet the evolving threat landscape and expanding their cloud service offerings to support remote-first enterprise environments. By leveraging this financial backing, the company aims to solidify its footprint in the regional market while potentially exploring inorganic growth opportunities to bolster its technical capabilities. The focus remains on maintaining high-touch client relationships while scaling the underlying infrastructure to support a larger, more complex portfolio of enterprise-grade accounts.

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Frequently Asked Questions Regarding Wasatch I.T. Financial Insights

What are the most recent funding rounds that Wasatch I.T. has completed, and what were the funding rounds?
Wasatch I.T. has recently completed 1 funding rounds: Debt on Apr 4, 2020.
What is the total amount of funding Wasatch I.T. has raised to date?
Wasatch I.T. has raised a total of $350K in funding to date.
How many funding rounds has Wasatch I.T. completed?
Wasatch I.T. has completed 1 funding rounds.
How much funding did Wasatch I.T. raise in its most recent funding round?
Wasatch I.T. raised $350K in its most recent funding round.
Who are the lead investors in Wasatch I.T.'s latest funding round?
The lead investor in Wasatch I.T.'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 Wasatch I.T.'s history?
The largest funding round in Wasatch I.T.'s history was $350K.
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