How Much Did Digitrace Raise?
Funding & Key Investors

Digitrace has successfully secured a major strategic investment, reinforcing its position as a critical infrastructure partner within the broadcast and cable television sectors. This latest capital injection, totaling $163K, brings the company's cumulative financing to $291K. The infusion of liquidity underscores the firm's enduring relevance in maintaining complex technical standards across nationwide telecommunications networks.

What is Digitrace?

Digitrace
Consumer ServicesRepair Services

Established in 1984, Digitrace has evolved from a niche set-top box repair entity into a comprehensive provider of onsite calibration and technical maintenance services. The company operates a sophisticated logistics network, including four permanent facilities and a fleet of mobile trailers, to deliver high-precision FCC Proof of Performance testing. By bridging the gap between legacy analog systems and modern digital infrastructure, Digitrace serves as a vital link in the supply chain for cable test equipment, ensuring operational continuity for major broadcast clients through rigorous equipment upgrades and diagnostic precision.

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 banking institution providing comprehensive commercial lending and debt financing solutions to established industrial and service-oriented enterprises.

PPP

Public-Private Partnership

What's next for Digitrace?

With this latest round of debt financing, Digitrace is positioned to optimize its operational footprint and potentially scale its mobile calibration capabilities. As the telecommunications landscape shifts toward higher bandwidth requirements and more complex digital signal processing, the demand for specialized, onsite technical support is expected to rise. The company will likely leverage this capital to modernize its diagnostic toolsets and expand its service reach, ensuring that it remains the primary technical partner for operators navigating the complexities of modern broadcast compliance and infrastructure reliability.

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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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