How Much Did Data Comm for Business Raise?
Funding & Key Investors

Data Comm for Business has amassed a total of $374K in capital. The company recently secured a $224K strategic investment, underscoring its robust market position and future growth potential. This latest financing round follows previous debt financing, reflecting a diversified approach to capital acquisition. The company's commitment to providing advanced communication solutions continues to attract significant financial backing.

What is Data Comm for Business?

Data Comm for Business
ManufacturingTelecommunication Equipment

Established in 1981, Data Comm for Business Inc. is a seasoned provider of innovative and cost-effective communication solutions. Their product portfolio encompasses essential technologies such as encryption devices, multiplexers, and remote access systems, designed to ensure reliable data and voice transmission across diverse and challenging environments. From standard office settings to remote locations like deserts and Antarctica, Data Comm for Business caters to a wide array of client needs requiring dependable communication infrastructure. Their expertise spans various connection speeds, from low-speed serial to high-capacity gigabit ethernet, demonstrating a comprehensive understanding of modern networking demands. The company is recognized for its dedication to delivering superior support alongside its cutting-edge communication products.

How much funding has Data Comm for Business raised?

Data Comm for Business has raised a total of $374K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$224K

Debt (2020): $150K with participation from PPP

Debt (2021): $224K led by PPP

Key Investors in Data Comm for Business

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Data Comm for Business?

With the recent major strategic investment, Data Comm for Business is poised for accelerated expansion and product development. This significant capital injection, part of its large-scale late-stage funding, will likely be directed towards enhancing its existing suite of encryption and multiplexing technologies, as well as exploring new frontiers in remote access solutions. The company's focus on reliability and cost-effectiveness in challenging environments suggests a strategic push into new geographical markets or industry verticals that demand robust communication infrastructure. Future initiatives may also involve scaling up manufacturing capabilities and bolstering research and development efforts to maintain a competitive edge in the evolving communication technology landscape.

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Frequently Asked Questions Regarding Data Comm for Business Financial Insights

What are the most recent funding rounds that Data Comm for Business has completed, and what were the funding rounds?
Data Comm for Business has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 16, 2020.
What is the total amount of funding Data Comm for Business has raised to date?
Data Comm for Business has raised a total of $374K in funding to date.
How many funding rounds has Data Comm for Business completed?
Data Comm for Business has completed 2 funding rounds.
How much funding did Data Comm for Business raise in its most recent funding round?
Data Comm for Business raised $224K in its most recent funding round.
Who are the lead investors in Data Comm for Business's latest funding round?
The lead investor in Data Comm for Business'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 Data Comm for Business's history?
The largest funding round in Data Comm for Business's history was $224K.
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