How Much Did Digitrace Raise?
Funding & Key Investors

Digitrace, a long-standing pillar in the broadcast infrastructure sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $291K. This latest infusion of $163K underscores the company's enduring relevance in the cable television and broadcast maintenance markets. By leveraging debt financing, the firm continues to solidify its operational footprint, ensuring that its nationwide calibration and repair services remain at the forefront of industry standards.

What is Digitrace?

Digitrace
Consumer ServicesRepair Services

Established in 1984, Digitrace has evolved from a niche set-top box repair provider into a comprehensive service entity for the cable test equipment sector. The company operates through a robust network of four physical locations and a fleet of mobile trailers, providing critical FCC Proof of Performance testing and complex equipment upgrades. Digitrace occupies a vital position in the telecommunications supply chain, bridging the gap between legacy analog systems and modern digital broadcast technologies. Its market position is defined by high-touch, onsite technical expertise that ensures regulatory compliance and operational uptime for major broadcast clients across the United States.

How much funding has Digitrace raised?

Digitrace has raised a total of $291K across 2 funding rounds:

2021

Debt

$128K

2024

Debt

$163K

Debt (2021): $128K with participation from PPP

Debt (2024): $163K led by Huntington National Bank

Key Investors in Digitrace

Huntington National Bank

A prominent regional bank providing comprehensive commercial banking and debt financing solutions to established industrial and service-oriented enterprises.

PPP

Public-Private Partnership

What's next for Digitrace?

With the recent injection of capital, Digitrace is positioned to accelerate its service capabilities and potentially expand its mobile fleet to meet the increasing demand for digital infrastructure maintenance. As the broadcast industry undergoes rapid technological shifts, the company's focus on calibration and repair remains a high-barrier-to-entry service. Future strategic initiatives will likely involve upgrading diagnostic tools to support next-generation digital broadcast standards, thereby cementing its role as an essential partner for cable operators navigating the complexities of modern signal integrity and equipment lifecycle management.

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Frequently Asked Questions Regarding Digitrace Financial Insights

What are the most recent funding rounds that Digitrace has completed, and what were the funding rounds?
Digitrace has recently completed 2 funding rounds: Debt on Sep 30, 2024, Debt on Feb 6, 2021.
What is the total amount of funding Digitrace has raised to date?
Digitrace has raised a total of $291K in funding to date.
How many funding rounds has Digitrace completed?
Digitrace has completed 2 funding rounds.
How much funding did Digitrace raise in its most recent funding round?
Digitrace raised $163K in its most recent funding round.
Who are the lead investors in Digitrace's latest funding round?
The lead investor in Digitrace's latest funding round was Huntington National Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Digitrace's history?
The largest funding round in Digitrace's history was $163K.
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