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Provider of news content production, distribution, aggregation and publishing provisions to broadcasters and content creation companies. The company offers Bitcentral create, a browser-based production and publishing tool that gets news stories to multiple platforms.
Last updated
In 2024, Bitcentral's revenue reached $5.6M. The company previously reported $4.4M in 2023. Since its launch in 1980, Bitcentral has shown consistent revenue growth.
Bitcentral has not publicly disclosed its valuation. The company has raised $14.5M in total funding to date.
Bitcentral has raised $14.5M in total funding across 2 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Funding round | $10M | - | - | |
| 2000 | Funding round | $4.5M | - | - |
CEO
Fred Fourcher founded Bitcentral, Inc. in 2000, building a nationwide news distribution network for CBS Newspath, and another one for NBC News Channel in 2003. In 2005, Bitcentral entered the news production system business and pioneered the first large-scale, internet-based news aggregation and sharing platform called Oasis™. Oasis is now used by more than 1,200 news organizations worldwide and distributes more than 40,000 stories per day. A recognized thought leader in the industry, Fred received an Emmy in 2017 for Bitcentral’s innovative use of the MOS Protocol in our news systems. Bitcentral now has more news production systems in TV stations than any competitors in the U.S. It is also one of the dominant providers of master control systems in Latin America. Fred’s vision of always designing and delivering efficient media workflows for customers has resulted in him being an innovator in digital streaming and FUEL™. FUEL, a production, streaming, and monetization solution, is transforming the broadcast industry from appointment viewing to a dynamic viewing experience on any platform. A 4,000-hour private pilot and general aviation advocate, Fred received the Sharples award from the Aircraft Owners and Pilots Association in 2007 for the most significant contribution to aviation by an individual. He was instrumental in rallying non-commercial/general aviation pilots’ collective voices to convince Congress not to grant the airlines a monopoly over the nation’s airspace. As founder and board member of the SoCal Pilots Association, he remains very active in aviation-related issues. Fred also volunteers with the Boy Scouts of America and mentors budding entrepreneurs in Orange County. Fred is married and has two sons, both of whom are Eagle Scouts.
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Bitcentral serves 1K customers.
Bitcentral employs approximately 115 people as of 2026, down from 118 in 2023, including 19 sales reps that carry a quota. It serves 1K customers that rely on its solutions.
Bitcentral generates an estimated $5.6M in annual revenue.
The CEO of Bitcentral is Fred Fourcher.
Bitcentral raised $14.5M across 2 rounds.
Bitcentral has 115 employees.
Bitcentral is headquartered in Newport Beach, California, United States.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$5.6M(Est.)
Customers
1K
Funding
$14.5M
Avg ACV
$5.6K
Team
115
Founded
1980
| Year | Milestone | Source |
|---|---|---|
| 2024 | Bitcentral Hit $5.6m revenue in October 2024 | Estimated |
| 2023 | Bitcentral Hit $4.4m revenue in December 2023 | Estimated |
| 2021 | Bitcentral Hit $3.8m revenue in April 2021 | |
| 1980 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 115 employees (December 2024) | |
| 2024 | Reached 115 employees (October 2024) | |
| 2023 | Reached 118 employees (December 2023) | |
| 2022 | Reached 130 employees (December 2022) | |
| 2021 | Reached 123 employees (December 2021) | |
| 2021 | Reached 117 employees (April 2021) |
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