Vitec Electronics Corporation
2024 Revenue
$48.9M
Funding
$6.1M
YOY
70.9%
Team
6
Founded
1988
How Vitec Electronics Corporation CEO Liechi Lee grew Vitec Electronics Corporation to $48.9M revenue with a 6 person team in 2024.
VITEC is a leading worldwide end-to-end video streaming solutions provider for broadcast, military and government, enterprise, sports and entertainment venues and houses of worship. Combining broadcasting with live streaming capabilities, VITEC’s HEVC offering is one of the most extensive in the market with encoding and decoding appliances, IPTV Players for desktops and mobile devices as well as PCI cards with SDK for integration projects. VITEC's intuitive digital video solutions can be tailored to each customer's unique market needs, delivering easy-to-use technology that ensures high-quality, low-latency HD video, capturing live and recorded events for seamless distribution in a multitude of formats anytime, anywhere, to any device.
Last updated
Vitec Electronics Corporation Revenue
In 2024, Vitec Electronics Corporation's revenue reached $48.9M. The company previously reported $28.6M in 2023. Since its launch in 1988, Vitec Electronics Corporation has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Vitec Electronics Corporation Hit $48.9m revenue in October 2024 |
| 2023 | Vitec Electronics Corporation Hit $28.6m revenue in December 2023 |
| 2021 | Vitec Electronics Corporation Hit $21.9m revenue in March 2021 |
| 1988 | Launched with $0 revenue |
Vitec Electronics Corporation Valuation, Funding Rounds
Vitec Electronics Corporation has not publicly disclosed its valuation. The company has raised $6.1M in total funding to date.
Vitec Electronics Corporation has raised $6.1M in total funding across 1 round, with its most recent round in 2021.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2021 | Funding round | $6.1M | - | - |
Vitec Electronics Corporation Employees & Team Size
Vitec Electronics Corporation employs approximately 6 people as of 2026, down from 423 in 2024.
Vitec Electronics Corporation has 6 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2025 | Reached 6 employees (January 2025) |
| 2024 | Reached 423 employees (October 2024) |
| 2023 | Reached 414 employees (December 2023) |
| 2022 | Reached 406 employees (December 2022) |
| 2021 | Reached 380 employees (December 2021) |
| 2021 | Reached 243 employees (March 2021) |
Founder / CEO
Liechi Lee
Liechi Lee is listed as Founder / CEO at Vitec Electronics Corporation.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Vitec Electronics Corporation yet.
Frequently Asked Questions about Vitec Electronics Corporation
What is Vitec Electronics Corporation's revenue?
Vitec Electronics Corporation generates $48.9M in revenue.
Who founded Vitec Electronics Corporation?
Vitec Electronics Corporation was founded by Liechi Lee.
Who is the CEO of Vitec Electronics Corporation?
The CEO of Vitec Electronics Corporation is Liechi Lee.
How much funding does Vitec Electronics Corporation have?
Vitec Electronics Corporation raised $6.1M.
How many employees does Vitec Electronics Corporation have?
Vitec Electronics Corporation has 6 employees.
Where is Vitec Electronics Corporation headquarters?
Vitec Electronics Corporation is headquartered in United States.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .