How Much Did Byte Back Raise?
Funding & Key Investors

Byte Back, a nonprofit organization focused on bridging the digital divide through workforce training, has secured $408K in total funding, with its most recent capital infusion of $308K occurring on March 16, 2021. This significant strategic investment underscores the ongoing commitment to empowering underserved communities with digital access and career development opportunities. The organization's history of success in launching graduates into living-wage careers highlights the impact of its mission.

What is Byte Back?

Byte Back
EducationTrainingOrganizations

Byte Back operated as a dedicated nonprofit entity aimed at closing the digital divide for adults from historically excluded communities. For 27 years, the organization provided essential digital access and comprehensive workforce training, enabling thousands of graduates to secure employment in living-wage careers and substantially increase their earning potential. As of 2024, Byte Back has ceased its direct operations, but its impactful legacy is being preserved and expanded.

How much funding has Byte Back raised?

Byte Back has raised a total of $408K across 2 funding rounds:

2020

Grant

$100K

2021

Debt

$308K

Grant (2020): $100K with participation from Verizon

Debt (2021): $308K led by PPP

Key Investors in Byte Back

PPP

Public-Private Partnership

Verizon

Verizon Enterprise Solutions provides network, security, and communications services to business and government clients, offering cloud computing, managed services, and IoT solutions to help organizations operate efficiently.

What's next for Byte Back?

While Byte Back has ceased operations as of 2024, its mission and training materials are being transferred to Computer CORE. This strategic move will allow Computer CORE to broaden its services, particularly in Washington, DC and Maryland, ensuring the continuation of vital digital literacy and workforce training resources for those in need. The organization's closure marks a transition, with its foundational work now set to influence and enhance the reach of partner organizations in the digital inclusion sector.

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Frequently Asked Questions Regarding Byte Back Financial Insights

What are the most recent funding rounds that Byte Back has completed, and what were the funding rounds?
Byte Back has recently completed 2 funding rounds: Debt on Mar 16, 2021, Grant on Jan 26, 2020.
What is the total amount of funding Byte Back has raised to date?
Byte Back has raised a total of $408K in funding to date.
How many funding rounds has Byte Back completed?
Byte Back has completed 2 funding rounds.
How much funding did Byte Back raise in its most recent funding round?
Byte Back raised $308K in its most recent funding round.
Who are the lead investors in Byte Back's latest funding round?
The lead investor in Byte Back'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 Byte Back's history?
The largest funding round in Byte Back's history was $308K.
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