When was Summit Broadband founded?

Summit Broadband was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Where is Summit Broadband located?

Summit Broadband is headquartered in Orlando, United States.

How many employees does Summit Broadband have?

As of Mar 31, 2026, the latest employee count at Summit Broadband is 302.

Is Summit Broadband a funded company?

Summit Broadband is a funded company, having raised a total of $17M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jan 25, 2010.

When was the latest funding round of Summit Broadband?

Summit Broadband's latest funding was a $***** Venture Debt round on Dec 17, 2024, with participation from 1 investor. Its primary sector is Telecom Operators. In United States, the Telecom Operators sector has seen $1.5B in funding in 2026 to date.

Where does Summit Broadband rank among its competitors?

Summit Broadband ranks 77th amongst 1845 active competitors, of which 42 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Vodafone, which secured $2M in Jan, 2025.

Who are the top competitors of Summit Broadband?

Summit Broadband's top competitors include T-Mobile, AT&T and Verizon. Among them, Vodafone secured the most recent funding round in January, 2025.

Summit Broadband - 2026 Company Profile, Funding & Competitors

Company Details

Florida's fiber internet, TV, and phone provider, connecting homes and businesses. They deliver high-speed internet, TV, and phone services through a robust fiber-optic network. They focus on providing reliable and secure connectivity with high bandwidth for streaming, gaming, work, and more. They offer personalized services and customer support, catering to residential and business clients, including gated communities and MDUs. Their solutions include managed services, network solutions, voice services, and unified communications. They serve various industries, including education, financial services, government, healthcare, hospitality, retail, and professional services. They also offer wholesale channel partnerships. They are committed to building and expanding their fiber infrastructure throughout Florida, ensuring future-ready connectivity for smart cities and emerging technologies.

Website: summit-broadband.com
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Key Metrics

Founded Year

2009

Location

Orlando, United States

Stage

Acquired

Total Funding

$17M in 5 rounds

Latest Funding Round

Venture Debt, Dec 17, 2024, $*****

Investors

Brookfield Asset Management & 2 more

Ranked

77^th among 1845 active competitors

Employee Count

302 as on Mar 31, 2026

Investment & Acquisitions

NexGen Communications & 1 more

Similar Companies

Bezeq & 1601 more

Exit Details

Acquired by Grain Management (Aug 19, 2019)

View Summit Broadband's full profile

Summit Broadband got acquired by Grain Management on Aug 19, 2019 at an acquisition amount of $*****.

Click here to take a look at Summit Broadband's acquisition in detail

Summit Broadband has raised a total funding of $17M over 5 rounds. Its first funding round was on Jan 25, 2010. Its latest funding round was a Venture Debt round on Dec 17, 2024 for $*****. 1 investor participated in its latest round. Summit Broadband has 3 institutional investors.

Here is the list of recent funding rounds of Summit Broadband:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 17, 2024	5667976	Venture Debt	7625764	3535827	5287416	7955893
Mar 27, 2012	6721472	Series B	3478785	3121532	7532739	4337370
Nov 09, 2011	9616653	Series B	3940229	8004258	4237544	5884472

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View details of Summit Broadband's funding rounds and investors

Summit Broadband's employee count trend

Summit Broadband has 302 employees as of Mar 26. Here is Summit Broadband's employee count trend over the years:

Employee count trend for Summit Broadband

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Top competitors of Summit Broadband include T-Mobile, AT&T and Verizon. Here is the list of Top 10 competitors of Summit Broadband, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	T-Mobile 1994, Bellevue (United States), Public	Provider of mobile telecommunication services	-	Alcor Fund, Commerzbank & 16 others	82/100
2nd	AT&T 1876, Dallas (United States), Public	Provider of wireless and internet services	-	Elliott Management, Seaside Private Capital ... & 13 others	79/100
3rd	Verizon 1983, New York City (United States), Public	Provider of wireless, internet, TV, and phone services	-	Berkshire Hathaway, Black Capital Investments ... & 17 others	78/100
4th	Telecom Italia 1994, Rome (Italy), Public	Integrated telecom service provider	-	Elliott Management, CDP Equity & 3 others	78/100
5th	Vodafone 1982, Newbury (United Kingdom), Public	Virtual card-linked wallet for consumer payments	-	Elliott Management, Liberty Global & 12 others	77/100
6th	Cox Communications 1962, Atlanta (United States), Acquired	Provider of internet, TV, and webmail services	-	Coral Capital Management, Tyson Ventures	74/100
7th	Spectrum 1993, Stamford (United States), Public	Cable TV, broadband and telephony services provider in the US	-	Point Financial, SoftBank Group & 15 others	73/100
8th	Century Link 1930, Monroe (United States), Public	Provider of residential and business communication services, including internet, TV, and phone	$20M	Temasek, Welsh, Carson, Anderson & Stowe & 3 others	72/100
9th	Comcast 1963, Philadelphia (United States), Public	Provider of phone, internet, and television services	-	JANA Partners, Kleiner Perkins	72/100
10th	Orange 1988, Issy les Moulineaux (France), Acquired	French Telecommunication major	-	Runway, Orthogonal Thinker & 12 others	71/100
77th	Summit Broadband 2009, Orlando (United States), Acquired	Florida's fiber internet, TV, and phone provider, connecting homes and businesses	$17M	Brookfield Asset Management, Weatherford Capital ... & 1 others	48/100

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Summit Broadband has acquired 2 companies including NexGen Communications and Litestream Holdings. Summit Broadband has not made any investments as of now.

Here is the latest report on Summit Broadband's sector: