How Much Did ERC Broadband Raise?
Funding & Key Investors

ERC Broadband, a non-profit organization focused on delivering robust fiber-based network services, has secured significant capital, with its total funding reaching $150K. The company recently announced a major strategic investment of $150K, underscoring its pivotal role in advancing technological infrastructure for critical sectors. This latest financing round signifies a substantial commitment to ERC Broadband's mission of enhancing digital connectivity and fostering technological adoption within its service areas.

What is ERC Broadband?

ERC Broadband
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ERC Broadband operates as a non-profit entity dedicated to providing high-speed, secure, and reliable fiber-optic network services. Its primary focus is on serving the education, healthcare, government, and economic development sectors, aiming to bridge the digital divide and promote the integration of advanced technologies. The organization offers a comprehensive suite of services, including internet connectivity, optical transport, and dark fiber solutions, thereby playing a crucial role in modernizing the technological landscape, particularly in Western North Carolina.

How much funding has ERC Broadband raised?

ERC Broadband has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in ERC Broadband

PPP

Public-Private Partnership

What's next for ERC Broadband?

The recent large-scale, late-stage funding infusion positions ERC Broadband for accelerated growth and expanded service delivery. This strategic investment is expected to fuel initiatives aimed at further enhancing network capacity, extending reach to underserved communities, and supporting the evolving technological needs of its core sectors. As ERC Broadband continues to strengthen its infrastructure, it is poised to deepen its impact on economic development and digital inclusion, reinforcing its commitment to technological advancement.

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Frequently Asked Questions Regarding ERC Broadband Financial Insights

What are the most recent funding rounds that ERC Broadband has completed, and what were the funding rounds?
ERC Broadband has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding ERC Broadband has raised to date?
ERC Broadband has raised a total of $150K in funding to date.
How many funding rounds has ERC Broadband completed?
ERC Broadband has completed 1 funding rounds.
How much funding did ERC Broadband raise in its most recent funding round?
ERC Broadband raised $150K in its most recent funding round.
Who are the lead investors in ERC Broadband's latest funding round?
The lead investor in ERC Broadband'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 ERC Broadband's history?
The largest funding round in ERC Broadband's history was $150K.
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