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2024 Revenue
$48.9M(Est.)
Funding
$6.1M
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
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.
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 | Source |
|---|---|---|---|---|---|
| 2021 | Funding round | $6.1M | - | - |
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We do not have customer count information for Vitec Electronics Corporation yet.
Vitec Electronics Corporation employs approximately 6 people as of 2026, down from 423 in 2024.
Vitec Electronics Corporation generates an estimated $48.9M in annual revenue.
Vitec Electronics Corporation was founded by Liechi Lee.
The CEO of Vitec Electronics Corporation is Liechi Lee.
Vitec Electronics Corporation raised $6.1M across 1 round.
Vitec Electronics Corporation has 6 employees.
Vitec Electronics Corporation is headquartered in 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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Team · 2025
6
Founded
1988
| Year | Milestone | Source |
|---|---|---|
| 2024 | Vitec Electronics Corporation Hit $48.9m revenue in October 2024 | Estimated |
| 2023 | Vitec Electronics Corporation Hit $28.6m revenue in December 2023 | Estimated |
| 2021 | Vitec Electronics Corporation Hit $21.9m revenue in March 2021 | |
| 1988 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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