How Much Did SECOM Raise?
Funding & Key Investors

SECOM, the telecommunications arm of the Southeast Colorado Power Association, has successfully secured a significant capital injection to bolster its regional infrastructure. This major strategic investment, totaling $350K, underscores the company's commitment to expanding its high-speed fiber optic footprint. With a cumulative financial backing of $350K, the organization is well-positioned to accelerate its mission of bridging the digital divide in rural Colorado.

What is SECOM?

SECOM
TelecommunicationsInternet Service Providers, Website Hosting & Internet-related ServicesVoIP

Operating as a subsidiary of the long-standing electric power cooperative SECPA, SECOM has established itself as a critical provider of broadband internet and wide area network services. Since its inception in 1998, the firm has leveraged high-speed fiber optic technology to deliver robust data transport solutions. Following the strategic acquisitions of Rural-Com and Plains Online in 2008, SECOM has solidified its market position as a primary connectivity provider for thousands of residential and commercial customers across the region. The company remains headquartered in La Junta, Colorado, maintaining a focus on reliable, high-capacity telecommunications infrastructure.

How much funding has SECOM raised?

SECOM has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in SECOM

PPP

Public-Private Partnership

What's next for SECOM?

With this late-stage funding, SECOM is poised to enter a new phase of network modernization and service scaling. The capital will likely be deployed to enhance existing fiber optic lines and extend broadband reach into underserved rural territories, ensuring that the cooperative's infrastructure remains competitive in an increasingly data-dependent economy. By prioritizing long-term network resilience and capacity upgrades, SECOM aims to maintain its status as a cornerstone of regional digital connectivity, effectively leveraging its unique position as a utility-backed telecommunications provider to drive sustainable growth.

See full SECOM company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Telecommunications industry

Internet Service Providers, Website Hosting & Internet-related ServicesTelecommunicationsCable & SatelliteVoIP
Internet Service Providers, Website Hosting & Internet-related ServicesTelecommunications
TelecommunicationsVoIPBusiness ServicesProject Management
TelecommunicationsVoIPBusiness ServicesSoftware TestingInternet Service Providers, Website Hosting & Internet-related Services

Frequently Asked Questions Regarding SECOM Financial Insights

What are the most recent funding rounds that SECOM has completed, and what were the funding rounds?
SECOM has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding SECOM has raised to date?
SECOM has raised a total of $350K in funding to date.
How many funding rounds has SECOM completed?
SECOM has completed 1 funding rounds.
How much funding did SECOM raise in its most recent funding round?
SECOM raised $350K in its most recent funding round.
Who are the lead investors in SECOM's latest funding round?
The lead investor in SECOM'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 SECOM's history?
The largest funding round in SECOM's history was $350K.
See more information about SECOM