How Much Did Network Craze Technologies Raise?
Funding & Key Investors

Network Craze Technologies has secured $1.1M in total funding, with its most recent capital infusion amounting to $769K. This major strategic investment underscores the company's established presence in the enterprise IT equipment market. The company's funding history, primarily consisting of debt financing, indicates a focus on operational scaling and asset management rather than equity dilution, positioning it for sustained growth in the competitive hardware sector.

What is Network Craze Technologies?

Network Craze Technologies
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Network Craze Technologies, founded in 2009 and based in East Syracuse, NY, operates as a significant independent provider of networking, voice, and infrastructure equipment. The company distinguishes itself by supporting both current and legacy technology, offering new and refurbished equipment coupled with a Lifetime Warranty and a robust ProCare maintenance program. This approach addresses a critical market need for cost-effective and sustainable IT asset management. Network Craze has cultivated trust among global clients, including major telecommunications carriers, leading financial services firms, and Fortune 1000 organizations, by delivering comprehensive lifecycle management solutions, 24x7 global technical support, and advanced hardware replacement from a worldwide network of stocking locations and field engineers.

How much funding has Network Craze Technologies raised?

Network Craze Technologies has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$769K

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

Debt (2021): $769K led by PPP

Key Investors in Network Craze Technologies

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Network Craze Technologies?

With a substantial total funding amount and a recent strategic investment, Network Craze Technologies is well-positioned to further solidify its market leadership in IT equipment lifecycle management. The company's focus on both new and refurbished hardware, backed by extensive service and support, aligns with growing enterprise demands for cost efficiency and sustainability. Future strategic initiatives are likely to involve expanding its global service footprint, enhancing its ProCare maintenance offerings, and potentially exploring new technology verticals to complement its existing portfolio. The company's established relationships with major industry players provide a strong foundation for continued expansion and innovation in the enterprise networking and infrastructure space.

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Frequently Asked Questions Regarding Network Craze Technologies Financial Insights

What are the most recent funding rounds that Network Craze Technologies has completed, and what were the funding rounds?
Network Craze Technologies has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Network Craze Technologies has raised to date?
Network Craze Technologies has raised a total of $1.1M in funding to date.
How many funding rounds has Network Craze Technologies completed?
Network Craze Technologies has completed 2 funding rounds.
How much funding did Network Craze Technologies raise in its most recent funding round?
Network Craze Technologies raised $769K in its most recent funding round.
Who are the lead investors in Network Craze Technologies's latest funding round?
The lead investor in Network Craze Technologies'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 Network Craze Technologies's history?
The largest funding round in Network Craze Technologies's history was $769K.
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