Diligence memo · auto-generated · as of July 2, 2026
Summit Broadband Inc.
Summit Broadband Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Summit Broadband Inc. operates in Telecommunications, based in ORLANDO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Summit Broadband Inc. has raised $17M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $6.4M on 2010-10-08.
Most recent recorded round closed around 2012-02-23.
Valuation (modeled)modeled
Provath models Summit Broadband Inc. at approximately $90M (range $6.8M–$489M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.95× the median modeled value of Series A Telecommunications companies in 2010–2012 (60 peers) — value vs value, same stage and era. Within the normal band (95% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 10 months.
Last raise 14.4 yr ago; this sector typically re-raises about every 10 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 3.1× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 75% of Telecommunications peers (929 compared).
Modeled value ranks above 72% of those peers.
Closest niche peers: Destination Media, Inc., Tely Labs, Inc., Mblast Inc, Matrixx Software, Inc., Unitek Holdings Inc.
Peoplefiled
16 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.