Gigstream Funding Round

4/10/2023

Venture Equity

$59,000,000

Undisclosed

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. A significant portion of the capital raised in the second round was used to complete the acquisition of a majority of assets from GigaMonster Networks, an Atlanta-based residential and commercial internet provider. The acquisition will accelerate the expansion of the company's national presence, more than doubling the number of assets utilizing its technology, while further growing the team and expanding local customer support and engineering capabilities.

Private & Independent

Wireless

225 W 34th St
New York, NY 10001
USA

GiGstreem is an innovative Internet and Managed Network services provider. GiGstreem provides dedicated "High Availability"? internet access to major Points of Presence, the heart of the internet. We deliver symmetrical speeds with 99.99% SLAs utilizing our world-class architecture. Our services are designed for the residential, business and events.