Tech Company Financing Transactions
GiGstreem Funding Round
Crestline Investors, Essex Property Trust and GigaMonster Networks participated in a $59 million funding round for GiGstreem. This venture round was announced on 4/10/2023.
Transaction Overview
Company Name
Announced On
4/10/2023
Transaction Type
Venture Equity
Amount
$59,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This capital will help the company scale its growth and deploy internet services to markets across the country. Crestline led an additional $40m raise in March 2023 to provide Gigstreem with the strategic capital to pursue acquisition opportunities.
Company Information
Company Status
Private & Independent
Industry
Telecom
Mailing Address
1775 Tysons Blvd. 5th Floor
Tysons, VA 22102
USA
Tysons, VA 22102
USA
Phone
Website
Email Address
Overview
GiGStreem is revolutionizing the high-speed internet industry, by delivering fiber and micro/fiber hybrid internet service options to homes and businesses up and down the East Coast. Unlike the big guys in the fiber Internet sphere, we offer our customers the power of fiber and micro/fiber hybrid internet, at rocket fast speeds, at affordable prices to suit your budgetary needs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joel McIntyre
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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 is sourced from VentureDeal.com, an affiliated venture.
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