How Much Did Platinum Intelligent Data Solutions Raise?
Funding & Key Investors

Platinum Intelligent Data Solutions has secured $784K in total funding, with its most recent financing round bringing in $434K. This major enterprise-level funding, characterized as a major strategic investment, underscores the company's significant traction in the legal technology sector. The infusion of capital is expected to fuel further expansion and innovation for the Dallas-based firm.

What is Platinum Intelligent Data Solutions?

Platinum Intelligent Data Solutions
SoftwareLegal SolutionsBusiness Services

Founded in 2001 and headquartered in Dallas, Texas, Platinum Intelligent Data Solutions specializes in providing advanced litigation support and scalable software solutions tailored for corporate counsels and law firms. The company serves as a critical intermediary, bridging the gap between legal professionals, their clients, IT departments, and the judicial system. Platinum IDS streamlines the intricate processes of Electronic Discovery (ESI) management, facilitating the secure capture, comprehensive management, and cloud-based storage of vital data, thereby simplifying complex legal data workflows.

How much funding has Platinum Intelligent Data Solutions raised?

Platinum Intelligent Data Solutions has raised a total of $784K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$434K

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

Debt (2021): $434K led by PPP

Key Investors in Platinum Intelligent Data Solutions

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Platinum Intelligent Data Solutions?

With the recent major strategic investment, Platinum Intelligent Data Solutions is poised for accelerated growth and enhanced service offerings. The substantial capital infusion, part of its $784K total financing, will likely be directed towards expanding its software capabilities, bolstering its ESI management methodologies, and potentially increasing its market reach. This strategic backing signals confidence in Platinum IDS's business model and its capacity to address the evolving data management needs within the legal industry, positioning the company for continued development and market leadership.

See full Platinum Intelligent Data Solutions company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Multimedia, Games & Graphics SoftwareSoftwareBusiness ServicesSoftware TestingMobile App Development
Multimedia, Games & Graphics SoftwareSoftware
Engineering SoftwareSoftware
Engineering SoftwareSoftware

Frequently Asked Questions Regarding Platinum Intelligent Data Solutions Financial Insights

What are the most recent funding rounds that Platinum Intelligent Data Solutions has completed, and what were the funding rounds?
Platinum Intelligent Data Solutions has recently completed 2 funding rounds: Debt on Feb 24, 2021, Debt on Apr 29, 2020.
What is the total amount of funding Platinum Intelligent Data Solutions has raised to date?
Platinum Intelligent Data Solutions has raised a total of $784K in funding to date.
How many funding rounds has Platinum Intelligent Data Solutions completed?
Platinum Intelligent Data Solutions has completed 2 funding rounds.
How much funding did Platinum Intelligent Data Solutions raise in its most recent funding round?
Platinum Intelligent Data Solutions raised $434K in its most recent funding round.
Who are the lead investors in Platinum Intelligent Data Solutions's latest funding round?
The lead investor in Platinum Intelligent Data Solutions'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 Platinum Intelligent Data Solutions's history?
The largest funding round in Platinum Intelligent Data Solutions's history was $434K.
See more information about Platinum Intelligent Data Solutions