Datacom Group

SoftwareSeries BLaval, Canadadatacom.com

Latest round

Series B

Last raised

Jul 2003

Total raised

$9.3M

Investors

3

About Datacom Group

Founded in 1965, Datacom Group Ltd is a technology solutions provider headquartered in Laval, Canada.Datacom offers a broad range of technology solutions designed to enhance operational efficiency and customer engagement across various sectors. Their core offerings include cloud computing services, AI-driven payroll solutions, cybersecurity measures, and comprehensive data center management. The company’s cloud solutions serve as a foundational element of their business strategy, providing clients with end-to-end capabilities that facilitate the seamless adoption, operation, and optimization of cloud technologies. Notably, their AI payroll solution, branded as Datapay, is specifically tailored to meet the needs of organizations in New Zealand and Australia, enabling efficient payroll processing with advanced compliance features. Datacom also delivers integrated enterprise software solutions for local governments, which streamline operations and enhance community engagement.Datacom generates revenue through a structured model that includes subscription-based services, partnerships, and direct sales to businesses and government entities. Their flagship products, such as the Datapay payroll solution and cloud services, form the basis of their transactional framework, where clients often engage in multi-year contracts that provide ongoing support and updates. The pricing structure for services may vary based on client needs and contract specifics, with options that cater to both small businesses and large enterprises. For instance, organizations can subscribe to Datacom’s cloud services with tiered pricing plans based on usage and scalability requirements.Datacom’s strategy for future growth includes the exploration of new product offerings and enhancements to existing services. The company plans to expand its market presence in the Asia-Pacific region, focusing on countries such as Australia and New Zealand.90 mn will be allocated toward research and development initiatives aimed at launching innovative solutions, including new features for their Datapay payroll service, over the next two years.

Who invested in Datacom Group

3 investors across 2 rounds

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Funding rounds

  1. Series B

    Jul 9, 2003

    Amount

    $5.2M

    Investors

    Locked

  2. Series B

    May 14, 2001

    Amount

    $4.1M

    Investors

    Locked

Questions about Datacom Group

Who invested in Datacom Group?

Datacom Group has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Datacom Group raised?

Datacom Group has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Datacom Group last raise money?

Datacom Group's most recent round on record is a Series B, in Jul 2003.

What does Datacom Group do?

Founded in 1965, Datacom Group Ltd is a technology solutions provider headquartered in Laval, Canada.

Where is Datacom Group headquartered?

Datacom Group is headquartered in Laval, Canada.

Which VCs invest in companies like Datacom Group?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Datacom Group's stage. Their profiles are linked below.

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