What is SECOM?
SECOM operates as the broadband internet and telecommunications arm of Southeast Colorado Power Association (SECPA), an electric power cooperative founded in 1937. Since 1998, SECOM has been instrumental in delivering high-speed data transport solutions via fiber optic networks. The company expanded its reach significantly in 2008 by acquiring local internet service providers Rural-Com and Plains Online, thereby broadening its customer base to thousands of users across La Junta, Colorado, and surrounding areas. SECOM's core offerings include robust broadband internet and comprehensive WAN services.
How much funding has SECOM raised?
SECOM has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for SECOM?
The recent major strategic investment, within the context of SECOM's large-scale late-stage funding, suggests a phase of significant expansion and infrastructure enhancement. This capital infusion is likely to fuel further network upgrades, service area extensions, and potentially the integration of advanced telecommunications technologies to meet the growing demand for high-speed data connectivity in its service regions. The company's trajectory indicates a continued focus on solidifying its position as a key provider of digital infrastructure in rural Colorado.
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