Tech Company Financing Transactions
Vero Networks Funding Round
On 9/16/2024, Vero Networks announced $80 million in funding from Delta-V Capital, Hamilton Lane and private investors.
Transaction Overview
Company Name
Announced On
9/16/2024
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Undisclosed
Investors
Delta-V Capital (Lead Investor)
Hamilton Lane (Lead Investor)
Proceeds Purpose
The company intends to use the funds to continue to build fiber to the home in support of high-speed internet access in underserved communities in both Colorado and other markets and states where Vero can leverage its unique, existing network footprint and fiber assets.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
740 E US Highway 24
Woodland Park, CO 80863
USA
Woodland Park, CO 80863
USA
Phone
Website
Email Address
Overview
Vero Networks was formed to fill a need in unserviceable and underserved communities where access to affordable, reliable broadband simply does not exist. Our goal is to bring the highest quality fiber optic-based broadband services to these communities. In addition, Vero strives to enhance communities by becoming an active partner in these communities by adding jobs, supporting local causes, and helping improve the connectivity of schools and rural healthcare as well.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matt Erickson
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