Spectrum Global Solutions

Longwood, United States Founded: 2007 • Age: 19 yrs
An online platform for casino games is operated globally.
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About Spectrum Global Solutions

Spectrum Global Solutions is a company based in Longwood (United States) founded in 2007.. Spectrum Global Solutions has raised $1.5 million across 2 funding rounds from investors including Heritage Bank of Commerce. Spectrum Global Solutions has completed 4 acquisitions, including ADEX Corporation, TelNet Solutions and Telecom Asset Management. Spectrum Global Solutions offers products and services including Online Betting and Bonus Promotions.

  • Headquarter Longwood, United States
  • Sectors
    Telecommunications
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Legal Name Hit Entertainment B.V
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.5 M (USD), Seed

    Apr 23, 2018

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Spectrum Global Solutions

Spectrum Global Solutions offers a comprehensive portfolio of products and services, including Online Betting and Bonus Promotions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Online betting platforms are offered for casino games and sports wagering

Bonus promotions such as free spins are provided to enhance user engagement

Funding Insights of Spectrum Global Solutions

Spectrum Global Solutions has successfully raised a total of $1.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in April 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Seed — $1.5M
  • First Round

    (01 Mar 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2018 Amount Seed - Spectrum Global Solutions Valuation

investors

Mar, 2018 Amount Debt – Conventional - Spectrum Global Solutions Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Spectrum Global Solutions

Spectrum Global Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Heritage Bank of Commerce. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Heritage Bank of Commerce is engaged in providing banking services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Spectrum Global Solutions

Spectrum Global Solutions has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include ADEX Corporation, TelNet Solutions and Telecom Asset Management. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Automation solutions are developed for residential and commercial buildings.
2014
Firm engaged in design, installation and maintenance of structured cabling systems
2002
Fiber broadband services are provided for telecom asset management.
2002
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Spectrum Global Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Spectrum Global Solutions Comparisons

Employees
+
Add Comparison
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Competitors of Spectrum Global Solutions

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Spectrum Global Solutions

Frequently Asked Questions about Spectrum Global Solutions

When was Spectrum Global Solutions founded?

Spectrum Global Solutions was founded in 2007 and raised its 1st funding round 11 years after it was founded.

Where is Spectrum Global Solutions located?

Spectrum Global Solutions is headquartered in Longwood, United States. It is registered at Longwood, Florida, United States.

Who is the current CEO of Spectrum Global Solutions?

Michael Obi is the current CEO of Spectrum Global Solutions.

Is Spectrum Global Solutions a funded company?

Spectrum Global Solutions is a funded company, having raised a total of $1.5M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $5M, raised on Mar 01, 2018.

What does Spectrum Global Solutions do?

Founded in 2007 and based in Longwood, United States, Spectrum Global Solutions operates within the online gambling sector. Access to various casino games is provided through a licensed platform, requiring user registration and verification. Promotional offers and bonuses are available under specified terms, while winnings withdrawals are processed following compliance checks and platform rules. Operations are governed by a user agreement and oversight from a recognized gaming authority.

What products or services does Spectrum Global Solutions offer?

Spectrum Global Solutions offers Online Betting and Bonus Promotions.

How many acquisitions has Spectrum Global Solutions made?

Spectrum Global Solutions has made 4 acquisitions, including ADEX Corporation, TelNet Solutions, and Telecom Asset Management.

Who are Spectrum Global Solutions's investors?

Spectrum Global Solutions has 1 investor. Key investors include Heritage Bank of Commerce.

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