What is Digitrace?
Digitrace Inc. is a seasoned nationwide provider of onsite calibration and repair services, primarily serving the cable television and broadcast television industries. Established in 1984, the company has evolved from its initial focus on set-top box repair to encompass a broad spectrum of equipment repair and calibration services. With a strategic footprint of four physical locations and three mobile service trailers, Digitrace offers comprehensive solutions, including essential FCC Proof of Performance testing and equipment upgrades. The company plays a critical role in the cable test equipment sector, adeptly managing both analog and digital technologies.
How much funding has Digitrace raised?
Digitrace has raised a total of $291K across 2 funding rounds:
Debt
$128K
Debt
$163K
Debt (2021): $128K with participation from PPP
Debt (2024): $163K led by Huntington National Bank
Key Investors in Digitrace
Huntington National Bank
Huntington National Bank is a financial institution that likely provides debt financing and banking services to established businesses, supporting their operational needs and strategic investments.
PPP
Public-Private Partnership
What's next for Digitrace?
The recent large-scale, late-stage funding infusion positions Digitrace Inc. for significant expansion and operational enhancement. This strategic backing is likely to fuel advancements in service delivery, potentially through the adoption of new technologies or the expansion of its service network. The company's focus on essential calibration and repair services within the critical broadcast and cable television infrastructure suggests a stable demand, with this capital enabling Digitrace to solidify its market leadership and explore new avenues for growth and service innovation.
See full Digitrace company page
