What is TerraGo Technologies?
Founded in 2005 and headquartered in Sterling, VA, TerraGo Technologies Inc. specializes in developing software applications and mobile apps designed to streamline data collection, information sharing, and collaborative work for its customers, enabling seamless operations regardless of location or time. The company's focus on accessible technology solutions positions it as a key player in the enterprise software sector, facilitating enhanced productivity and operational efficiency for a diverse clientele.
How much funding has TerraGo Technologies raised?
TerraGo Technologies has raised a total of $22.2M across 8 funding rounds:
Series A
$6.3M
Other Financing Round
$3.4M
Unspecified
$3M
Series B
$2.1M
Unspecified
$5.5M
Private Equity
$1M
Debt
$350K
Debt
$488K
Series A (2007): $6.3M with participation from In-Q-Tel, RedShift Ventures, and Clark Enterprises Inc.
Other Financing Round (2009): $3.4M led by RedShift Ventures and In-Q-Tel
Unspecified (2010): $3M supported by In-Q-Tel, HitachiSoft, RedShift Ventures, and Clark Enterprises Inc.
Series B (2011): $2.1M, investors not publicly disclosed
Unspecified (2013): $5.5M backed by Observatory Capital Management
Private Equity (2013): $995K, investors not publicly disclosed
Debt (2020): $350K led by PPP
Debt (2021): $488K supported by PPP
Key Investors in TerraGo Technologies
RedShift Ventures
RedShift Ventures is an early-stage venture capital firm focused on commercializing advanced technologies for rapidly growing markets, with a proven track record in communications, microelectronics, and software.
In-Q-Tel
In-Q-Tel is a strategic investment firm that identifies and invests in early-stage commercial technology companies worldwide to deliver capabilities for the U.S. national security community.
Clark Enterprises Inc.
Clark Enterprises Inc. operates as a holding company founded in 1972, serving investors throughout the United States from its headquarters in Bethesda, Maryland.
What's next for TerraGo Technologies?
The substantial enterprise-level funding, coupled with a recent strategic investment, indicates TerraGo Technologies is poised for significant expansion and innovation. This capital infusion will likely fuel further development of its software and mobile application suite, enhance its market reach, and potentially support strategic acquisitions. The company's trajectory suggests a move towards solidifying its leadership in collaborative data management solutions, adapting to evolving enterprise needs and technological advancements.
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