**NewBold Corporation Raises $1.6 Million to Enhance Product Offerings and Expand Services**
NewBold Corporation, a leader in identification and infrastructure technology solutions since 1994, is excited to announce a successful funding round in which it has raised $1.6 million. As an international provider with a diverse portfolio that includes NewBold Plastics, NewBold Technologies, and the Addressograph division, the secured funding will allow the company to further enhance its capabilities, innovate product offerings, and expand its service reach.
NewBold Plastics stands out as the largest manufacturer of blank plastic cards in North America, producing cards that not only meet but exceed the stringent standards set by renowned OEMs in the industry. With this funding, NewBold aims to invest in state-of-the-art manufacturing processes, enhancing production efficiency while ensuring the quality synonymous with their brand.
On the technology front, NewBold Technologies, a Managed Services Provider, serves high-profile clients in retail, dining, supply chain, and healthcare sectors. This financing will enable the company to expand its consulting and support services, further solidifying its position as a go-to MSP for businesses in the US, Canada, and Mexico. The 24/7 multi-lingual call center will also see improvements, allowing NewBold to offer unparalleled support to its clients.
Additionally, the Addressograph division will utilize part of the funds to innovate its manual and electric imprinters, expanding its portfolio within the military sector, where they uniquely manufacture embossing machines for identification tags. With these strategic investments, NewBold Corporation is poised not only to maintain its leadership position but also to redefine service and product excellence across its diverse markets.
