How Much Did Allcable Raise?
Funding & Key Investors

Allcable, a prominent distributor in the power, signal, lighting, video, voice, and data solutions sector, has secured significant capital, with its total funding reaching $456K. The company recently announced a major strategic investment, bringing in $106K in new financing. This latest round underscores Allcable's established market presence and its ongoing growth trajectory within the competitive distribution landscape.

What is Allcable?

Allcable
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Established in 1983, Allcable operates as a specialized distributor, offering an extensive portfolio of products including fiber optic, voice & data, access control, security, and surveillance cables. Beyond its comprehensive product catalog, the company provides value-added custom services such as cutting, striping, dying, printing, twisting, paralleling, and bundling, tailored to meet the precise specifications of its diverse clientele. Allcable serves a broad customer base, encompassing Original Equipment Manufacturers (OEMs), contractors, and home theater professionals, supplying them with critical wiring and cable solutions for a wide array of applications.

How much funding has Allcable raised?

Allcable has raised a total of $456K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$106K

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

Debt (2021): $106K led by PPP

Key Investors in Allcable

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Allcable?

With the infusion of $106K through a major strategic investment, Allcable is poised for accelerated expansion and enhanced operational capabilities. This large-scale, late-stage funding suggests a focus on scaling operations, potentially through market penetration, product line diversification, or strategic acquisitions. The company's commitment to providing specialized distribution services and custom solutions positions it favorably to capitalize on evolving market demands in the telecommunications, security, and infrastructure sectors. Future developments are likely to center on strengthening its supply chain, expanding its service offerings, and solidifying its market leadership.

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Frequently Asked Questions Regarding Allcable Financial Insights

What are the most recent funding rounds that Allcable has completed, and what were the funding rounds?
Allcable has recently completed 2 funding rounds: Debt on Mar 3, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Allcable has raised to date?
Allcable has raised a total of $456K in funding to date.
How many funding rounds has Allcable completed?
Allcable has completed 2 funding rounds.
How much funding did Allcable raise in its most recent funding round?
Allcable raised $106K in its most recent funding round.
Who are the lead investors in Allcable's latest funding round?
The lead investor in Allcable'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 Allcable's history?
The largest funding round in Allcable's history was $350K.
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