Tech Company Financing Transactions
Lit Communities Funding Round
On 5/4/2023, Lit Communities announced $150 million in financing from Oak Hill Capital.
Transaction Overview
Company Name
Announced On
5/4/2023
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the funds to further fund and accelerate the construction of its fiber-based network in unserved and underserved communities across the United States.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
1022 Sunderland Hill Road
Arlington, VT 05250
USA
Arlington, VT 05250
USA
Phone
Undisclosed
Website
Email Address
Overview
Provider of internet access and digital infrastructure services intended for areas with low internet connectivity. The company specializes in building and managing fiber-optic networks and implementing custom fiber-optic solutions, thereby providing clients with digital equity for their residents, businesses, and municipalities.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brian Snider
Chief Financial Officer
Andrew Massey
Chief Technical Officer
Chris Skelton
Co-Founder
Lauren Bender
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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