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

Wasatch I.T., a Salt Lake City-based IT outsourcing firm, has secured $350K in total capital, with its most recent funding round bringing in $350K. This significant investment underscores the company's established position in the market and its trajectory within the IT services sector.

What is Wasatch I.T.?

Wasatch I.T.
Business ServicesSoftware Testing

Wasatch I.T. operates as a prominent IT outsourcing company, specializing in a comprehensive suite of managed IT services, robust cybersecurity measures, and essential compliance solutions. The company serves over 500 clients annually, offering a broad spectrum of services including remote technical support, proactive network monitoring, advanced cloud services, and strategic IT consulting. With a dedicated team of nearly 50 technicians, Wasatch I.T. delivers dependable and scalable support, aiming to optimize business operations and reduce the financial burden associated with maintaining an in-house IT department. Their focus on enhancing operational capabilities makes them a key player for businesses seeking efficient and cost-effective IT management.

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.?

The company's recent strategic investment, within the context of a large-scale late-stage funding environment, suggests Wasatch I.T. is poised for significant expansion and market penetration. This capital infusion is likely to fuel further development of their service offerings, potentially including advanced cybersecurity protocols and broader compliance frameworks. Strategic acquisitions or enhanced service delivery infrastructure could also be on the horizon, as the company leverages this financial backing to solidify its competitive advantage and scale its operations to meet growing market demand for reliable IT outsourcing solutions.

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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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