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Vectormax Corp.

VectorMax provides end-to-end IPTV delivery software for carriers operating bandwidth-constrained networks.

Updated Nov 8, 2026·Latest SEC filing Nov 6, 2026·Suggest an edit

About VectorMax

VectorMax sells a software-based platform for live linear television over carrier networks. The end-to-end system installs at a carrier’s network operating center and serves its subscribers. Its modules ingest, encode, manage and deliver IPTV to large audiences. The platform is designed for bandwidth-constrained networks and uses existing infrastructure. It can deliver live broadcasts where current alternatives were not technically or economically feasible. Carriers need no separate third-party component for those core IPTV functions. Thousands of algorithms guide platform performance and respond to network complexity in milliseconds.

VectorMax gives 667 Madison Avenue, fourth floor, New York, New York 10065 as its contact address. Thomas W. Pragias is chief executive officer. IENTC Telecomunicaciones, an internet and television provider in Mexico, selected VectorMax’s turn-key IPTV platform for its new television product. IENTC had served its market for more than 10 years when it announced the launch. The service expanded IENTC’s consumer offering.

Funding Rounds (SEC Form D)

First saleFiled with SECAmount soldInvestorsAvg. checkTermsFiling
Nov 1, 2026Nov 6, 2026$5,500of $40.0M target1$5,500EquityRule 506(b)Form D ↗
Sep 4, 2026Sep 8, 2026$7,500of $35.0M target1$7,500EquityRule 506(b)Form D ↗
Jul 1, 2026Jul 6, 2026$5,000of $35.0M target1$5,000EquityRule 506(b)Form D ↗
May 5, 2026May 8, 2026$2,000of $30.0M target1$2,000EquityRule 506(b)Form D ↗
Mar 4, 2026Mar 4, 2026$5,000of $30.0M target1$5,000EquityRule 506(b)Form D ↗
Jan 2, 2026Jan 6, 2026$500,000of $30.0M target1$500KEquityRule 506(b)Form D ↗
Nov 13, 2025Nov 20, 2025$100,000of $30.0M target1$100KEquityRule 506(b)Form D ↗
Sep 2, 2025Sep 5, 2025$20,000of $30.0M target1$20,000EquityRule 506(b)Form D ↗
Jul 1, 2025Jul 2, 2025$5,000of $30.0M target1$5,000EquityRule 506(b)Form D ↗
May 14, 2025May 14, 2025$5,000of $30.0M target1$5,000EquityRule 506(b)Form D ↗
Mar 6, 2025Mar 10, 2025$5,000of $30.0M target1$5,000EquityRule 506(b)Form D ↗
Jan 21, 2025Jan 28, 2025$29,000of $30.0M target3$9,667EquityRule 506(b)Form D ↗
Oct 2, 2024Oct 2, 2024$5,000of $30.0M target1$5,000EquityRule 506(b)Form D ↗
Jul 31, 2024Aug 1, 2024$10,000of $30.0M target1$10,000EquityRule 506(b)Form D ↗
Jul 8, 2024Jul 9, 2024$5,000of $30.0M target1$5,000EquityRule 506(b)Form D ↗
May 13, 2024May 20, 2024$65,000of $30.0M target2$32,500EquityRule 506(b)Form D ↗
Mar 1, 2024Mar 5, 2024$150,000of $30.0M target1$150KEquityRule 506(b)Form D ↗
Dec 18, 2023Dec 19, 2023$5,000of $30.0M target1$5,000EquityRule 506(b)Form D ↗
Nov 7, 2023Nov 7, 2023$5,000of $30.0M target1$5,000EquityRule 506(b)Form D ↗
Aug 16, 2023Aug 17, 2023$5,000of $30.0M target1$5,000EquityRule 506(b)Form D ↗
Jun 3, 2023Jun 6, 2023$50,000of $30.0M target1$50,000EquityRule 506(b)Form D ↗
May 9, 2023May 9, 2023$7,000of $30.0M target1$7,000EquityRule 506(b)Form D ↗
Feb 13, 2023Feb 15, 2023$5,000of $30.0M target1$5,000EquityRule 506(b)Form D ↗
Dec 15, 2022Dec 20, 2022$5,000of $30.0M target1$5,000EquityRule 506(b)Form D ↗
Nov 15, 2022Nov 25, 2022$40,000of $3.0M target1$40,000Debt, OptionsRule 506(b)Form D ↗
Sep 2, 2022Sep 15, 2022$1,200,000fully sold1$1.2MDebt, OptionsRule 506(b)Form D ↗
May 4, 2022May 18, 2022$15,000of $1.5M target1$15,000Debt, OptionsRule 506(b)Form D ↗
Apr 5, 2022Apr 20, 2022$42,000of $1.0M target4$10,500Debt, OptionsRule 506(b)Form D ↗
Feb 8, 2022Feb 22, 2022$118,000of $15.0M target3$39,333EquityRule 506(b)Form D ↗
Jan 6, 2022Jan 19, 2022$93,000of $10.0M target3$31,000Debt, OptionsRule 506(b)Form D ↗
Nov 9, 2021Nov 19, 2021$25,000of $15.0M target1$25,000EquityRule 506(b)Form D ↗
Sep 13, 2021Sep 13, 2021$20,000of $10.0M target1$20,000EquityRule 506(b)Form D ↗
Jun 7, 2021Jun 8, 2021$115,000of $10.0M target1$115KDebt, OptionsRule 506(b)Form D ↗
Mar 23, 2021Apr 7, 2021$15,000of $10.0M target1$15,000Debt, OptionsRule 506(b)Form D ↗
Mar 10, 2021Mar 24, 2021$80,000of $5.0M target2$40,000Debt, OptionsRule 506(b)Form D ↗
Feb 1, 2021Feb 12, 2021$130,000of $30.0M target2$65,000EquityRule 506(b)Form D ↗
Nov 12, 2020Nov 17, 2020$37,000of $30.0M target2$18,500EquityRule 506(b)Form D ↗
Sep 9, 2020Sep 22, 2020$200,000of $30.0M target1$200KEquityRule 506(b)Form D ↗
Apr 30, 2020Apr 30, 2020$10,000of $2.5M target1$10,000Debt, OptionsRule 506(b)Form D ↗
Jan 22, 2020Jan 30, 2020$33,000of $30.0M target3$11,000EquityRule 506(b)Form D ↗
Oct 25, 2019Oct 28, 2019$5,000of $20.0M target1$5,000EquityRule 506(b)Form D ↗
Jul 31, 2019Aug 6, 2019$68,000of $15.0M target2$34,000Debt, OptionsRule 506(b)Form D ↗
May 23, 2019Jun 4, 2019$5,000of $15.0M target1$5,000Debt, OptionsRule 506(b)Form D ↗
Apr 9, 2019Apr 11, 2019$9,000of $7.0M target2$4,500Debt, OptionsRule 506(b)Form D ↗
Feb 11, 2019Feb 22, 2019$5,000of $7.0M target1$5,000Debt, OptionsRule 506(b)Form D ↗
Nov 26, 2018Nov 28, 2018$10,000of $7.0M target1$10,000Debt, OptionsRule 506(b)Form D ↗
Oct 26, 2018Nov 9, 2018$235,000of $7.0M target3$78,333Debt, OptionsRule 506(b)Form D ↗
Aug 17, 2018Sep 4, 2018$47,700of $20.0M target5$9,540EquityRule 506(b)Form D ↗
Feb 15, 2018Feb 28, 2018$15,000of $20.0M target3$5,000EquityRule 506(b)Form D ↗
Feb 9, 2018Feb 9, 2018$5,000of $3.0M target1$5,000DebtRule 506(b)Form D ↗
Jan 31, 2018Feb 7, 2018$20,634of $20.0M target3$6,878EquityRule 506(b)Form D ↗
Jan 18, 2018Jan 23, 2018$40,000of $20.0M target3$13,333EquityRule 506(b)Form D ↗
Jul 24, 2017Aug 3, 2017$58,054of $15.0M target3$19,351EquityRule 506(b)Form D ↗
May 4, 2017May 5, 2017$56,000of $15.0M target1$56,000EquityRule 506(b)Form D ↗
Mar 3, 2017Mar 8, 2017$5,000of $15.0M target1$5,000EquityRule 506(b)Form D ↗
Jan 26, 2017Feb 10, 2017$75,864of $15.0M target2$37,932EquityRule 506(b)Form D ↗
Dec 7, 2016Dec 12, 2016$56,090of $15.0M target1$56,090OptionsRule 506(b)Form D ↗
Oct 26, 2016Oct 27, 2016$10,000of $15.0M target2$5,000EquityRule 506(b)Form D ↗
Aug 12, 2016Aug 17, 2016$10,000of $15.0M target1$10,000EquityRule 506(b)Form D ↗
Aug 8, 2016Aug 8, 2016$25,000of $15.0M target2$12,500EquityRule 506(b)Form D ↗
May 6, 2016May 9, 2016$15,000of $15.0M target1$15,000EquityRule 506(b)Form D ↗
Mar 9, 2016Mar 10, 2016$10,000of $15.0M target1$10,000EquityRule 506(b)Form D ↗
Feb 9, 2016Feb 22, 2016$10,000of $15.0M target1$10,000EquityRule 506(b)Form D ↗
Nov 17, 2015Nov 25, 2015$55,000of $15.0M target4$13,750EquityRule 506(b)Form D ↗
Sep 4, 2015Sep 17, 2015$30,000of $7.0M target1$30,000EquityRule 506(b)Form D ↗
Jul 17, 2015Jul 24, 2015$170,000of $7.0M target2$85,000EquityRule 506(b)Form D ↗
May 13, 2015May 21, 2015$25,000of $5.0M target1$25,000EquityRule 506(b)Form D ↗
Feb 27, 2015Mar 11, 2015$160,000of $5.0M target3$53,333EquityRule 506(b)Form D ↗
Jan 6, 2015Jan 14, 2015$20,000of $5.0M target1$20,000EquityRule 506(b)Form D ↗
Sep 10, 2014Sep 23, 2014$100,000of $5.0M target1$100KEquityRule 506(b)Form D ↗
Aug 26, 2014Sep 8, 2014$150,000of $5.0M target2$75,000EquityRule 506(b)Form D ↗
Jun 10, 2014Jun 20, 2014$150,000of $5.0M target3$50,000EquityRule 506(b)Form D ↗
Apr 1, 2014Apr 15, 2014$85,000of $5.0M target2$42,500EquityRule 506(b)Form D ↗
Feb 10, 2014Feb 13, 2014$50,000of $5.0M target1$50,000EquityRule 506(b)Form D ↗
Dec 4, 2013Dec 16, 2013$25,000of $3.0M target1$25,000EquityRule 506(b)Form D ↗
Sep 13, 2013Sep 27, 2013$10,000of $2.5M target1$10,000EquityRule 506(b)Form D ↗
May 28, 2013Jun 11, 2013$5,000of $2.5M target1$5,000Equity06Form D ↗
Apr 5, 2012Apr 19, 2013$112,877of $2.5M target2$56,439Equity06Form D ↗
Oct 24, 2012Nov 8, 2012$54,850of $2.5M target2$27,425Equity06Form D ↗
Jul 31, 2012Aug 14, 2012$10,000of $2.5M target0—Equity06Form D ↗
Jan 18, 2012Jan 30, 2012$65,000of $1.0M target0—Equity06Form D ↗
May 20, 2011May 27, 2011$55,000of $2.5M target0—Equity06Form D ↗
May 12, 2011May 26, 2011$80,000of $2.5M target0—Debt, Options06Form D ↗
Feb 7, 2011Feb 8, 2011$0of $2.5M target0—Debt, Options06Form D ↗
Dec 23, 2010Dec 30, 2010$0of $2.5M target0—Debt, Options06Form D ↗
Dec 2, 2010Dec 13, 2010$0of $5.0M target0—Equity06Form D ↗
Not yetOct 14, 2010$0of $5.0M target0—Equity06Form D ↗
Aug 17, 2010Aug 24, 2010$60,000of $500K target1$60,000Equity06Form D ↗
Oct 7, 2009Oct 19, 2009$50,000of $15.0M target1$50,000Equity06Form D ↗
Total, 89 offerings$5,498,069

The filing for the offering first filed Aug 14, 2012 reports amount sold with no investors. The filing for the offering first filed Jan 30, 2012 reports amount sold with no investors. The filing for the offering first filed May 27, 2011 reports amount sold with no investors. The filing for the offering first filed May 26, 2011 reports amount sold with no investors. Figures are shown as filed.

First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.

Rounds announced by VectorMax

What the company said publicly about its funding. Announced amounts can differ from Form D figures: an announcement can combine several closings, and some money is raised without a Form D.

AnnouncedRoundAmountInvestorsSource

Why Investors Backed VectorMax

VectorMax sells IPTV delivery software to broadband and wireless carriers. Its pitch centers on existing carrier networks instead of costly third-party delivery systems or major infrastructure upgrades. It sees live linear television moving online. VectorMax presents lower deployment costs on constrained networks as its main advantage.

The problem it targets

VectorMax frames conventional IPTV delivery as an economic and infrastructure problem. Over-the-top services rely on large private content delivery networks, adding third-party cost. Carrier-hosted IPTV has historically required costly network upgrades or outside cloud providers. Those upgrades can take years, while limited infrastructure restricts where live broadcasts work. VectorMax argues that operators need an economically viable way to offer live linear television as viewing shifts online.

What the product does

The software installs at a carrier’s network operating center. Multiple modules handle content ingestion, encoding, management and delivery to end users. Thousands of algorithms guide platform performance and respond to network complexity in milliseconds. The architecture works across constrained infrastructure and scales live IPTV to large audiences. It also supports other IP services. This lets carriers manage the core delivery flow through software while retaining their existing network infrastructure.

Progress so far

The platform reflects $90 million of R&D and 12 years of work by a team with IBM Labs, Bell Labs, DARPA and MPEG credentials. A 2012 New York court decision described four patents owned by VectorMax. The decision also records the parties’ claim that VectorMax completed work for Time Warner. It notes that Time Warner disputed the amount owed.

How the market is moving

VectorMax estimates a global base of 50,000 carriers, a $2.4 trillion telecommunications market and a $500 billion pay-TV market. It views pay television as undergoing disruption as live linear viewing moves online. It names Akamai, Level 3, AWS, BAM and EdgeCast around internet delivery. It also names Cisco, Huawei, Nokia, Siemens, Ericsson and Samsung around carrier-network delivery. The IENTC announcement described a broader shift from broadcast television to IP delivery.

We wrote this summary from public statements by VectorMax and its investors. It is not investment advice.

VectorMax in the News

Leadership Team

Executive officers and directors listed on VectorMax's Form D filed Nov 6, 2026.

TP
Thomas Pragias
Chief Executive Officer and director
AR
RR
Ryan Ronald
Director

Earlier filings also listed James Calvano (executive officer and director, last listed Jul 2024), Rutkowsk Alan (director, last listed Nov 2023) and James Romano (executive officer and director, last listed Sep 2015).

Sources

  1. SECVECTORMAX Corp filing history
  2. CompanyVectorMax about
  3. CompanyVectorMax contact
  4. CompanyVectorMax press
  5. ResearchNew York Courts decision