How Much Did RDM Industrial Electronics Raise?
Funding & Key Investors

RDM Industrial Electronics has secured $350K in total financing, with a recent strategic investment of $350K on April 29, 2020. This significant capital infusion positions the company for continued expansion in the petroleum electronics sector.

What is RDM Industrial Electronics?

RDM Industrial Electronics
Business ServicesSecurity Information and Event Management (SIEM)Electronics

RDM Industrial Electronics is a prominent supplier of new and remanufactured petroleum electronic equipment, serving the needs of the petroleum industry. Their product portfolio includes essential items such as circuit boards, intercom systems for convenience stores, and security solutions for fuel dispensers. Operating across multiple U.S. locations, RDM emphasizes superior product quality and customer support, backed by a team of skilled technicians and complimentary technical training. The company is committed to efficient delivery and maintaining robust inventory levels for immediate dispatch.

How much funding has RDM Industrial Electronics raised?

RDM Industrial Electronics has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in RDM Industrial Electronics

PPP

Public-Private Partnership

What's next for RDM Industrial Electronics?

The recent strategic investment signals a period of accelerated growth and potential market consolidation for RDM Industrial Electronics. This backing is likely to fuel advancements in their product development, enhance their service offerings, and potentially expand their operational footprint. As a company focused on critical infrastructure components for the petroleum sector, RDM is well-positioned to leverage this capital for innovation and to solidify its market leadership.

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Frequently Asked Questions Regarding RDM Industrial Electronics Financial Insights

What are the most recent funding rounds that RDM Industrial Electronics has completed, and what were the funding rounds?
RDM Industrial Electronics has recently completed 1 funding rounds: Debt on Apr 29, 2020.
What is the total amount of funding RDM Industrial Electronics has raised to date?
RDM Industrial Electronics has raised a total of $350K in funding to date.
How many funding rounds has RDM Industrial Electronics completed?
RDM Industrial Electronics has completed 1 funding rounds.
How much funding did RDM Industrial Electronics raise in its most recent funding round?
RDM Industrial Electronics raised $350K in its most recent funding round.
Who are the lead investors in RDM Industrial Electronics's latest funding round?
The lead investor in RDM Industrial Electronics'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 RDM Industrial Electronics's history?
The largest funding round in RDM Industrial Electronics's history was $350K.
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