How Much Did Byte Back Raise?
Funding & Key Investors

Byte Back, a nonprofit organization focused on closing the digital divide through workforce training, has a total funding history of $408K. The organization's most recent financial activity involved $308K in a major strategic investment, as of March 16, 2021. This late-stage funding context suggests a period of significant operational scaling or strategic initiatives prior to its cessation of operations.

What is Byte Back?

Byte Back
EducationTrainingOrganizations

Byte Back was a nonprofit entity dedicated to bridging 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 living-wage careers and substantially increase their earning potential. The organization's impact was significant in empowering individuals and fostering economic mobility through technology.

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

Verizon

Verizon Enterprise Solutions is a provider of network, security, and communications services, offering cloud computing, managed services, and IoT solutions to businesses and government clients.

PPP

Public-Private Partnership

What's next for Byte Back?

As of 2024, Byte Back has ceased operations. However, its impactful legacy is set to continue through an agreement to transfer its training materials to Computer CORE. This strategic transfer will enable Computer CORE to expand its digital literacy and workforce training services, particularly in Washington, DC and Maryland. The organization's closure marks a transition, with its resources now poised to benefit a wider reach through its successor, ensuring the continuation of its mission to empower underserved communities with digital skills.

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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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