What is Digital Global Systems?
Digital Global Systems (DGS), based in Tysons, Virginia, is a specialized technology firm focused on the rapid detection and classification of Radio Frequency (RF) signals. Its proprietary technology generates near real-time actionable intelligence crucial for security and asset protection. DGS's solutions are designed for both stand-alone operation and extensive nodal networks, capable of spanning continents. With a robust portfolio of 45 patents issued over the last four years, the company's innovation is centered on enhancing asset security through superior RF intelligence, a critical capability for safeguarding national infrastructure.
How much funding has Digital Global Systems raised?
Digital Global Systems has raised a total of $22.8M across 6 funding rounds:
Debt
$2M
Series A
$4M
Private Equity
$3.5M
Series B
$4.7M
Private Equity
$8.5M
Debt
$150K
Debt (2013): $2M, investors not publicly disclosed
Series A (2014): $4M led by LGS Innovations and CoVant
Private Equity (2015): $3.5M, investors not publicly disclosed
Series B (2017): $4.7M featuring Ancora Advisors LLC
Private Equity (2017): $8.5M backed by Ancora Advisors
Debt (2020): $150K with participation from PPP
Key Investors in Digital Global Systems
LGS Innovations
LGS Innovations is a technology company delivering mission-critical communications products, R&D, and supporting services to U.S. defense, intelligence, and civilian agencies and commercial customers around the world.
CoVant
CoVant Management partners with and provides strategic, financial and operational resources to companies specializing in technology and related solutions that serve the needs of government customers, with an experienced team of business executives and a respected board of former government and military leaders.
Ancora Advisors LLC
Ancora Advisors LLC is an investment firm driven by an entrepreneurial spirit, delivering tailored solutions with experienced portfolio managers and distinctive investment strategies for wealth and risk management.
What's next for Digital Global Systems?
The recent major strategic investment signals a new phase of accelerated growth and market penetration for Digital Global Systems. This capital infusion is expected to fuel further research and development, potentially expanding the company's patent portfolio and enhancing its competitive edge in the defense and national security technology landscape. DGS is poised to leverage this backing to solidify its position as a leader in RF signal intelligence, likely focusing on scaling its operational capabilities and expanding its client base within government and critical infrastructure sectors.
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