Tech Company Financing Transactions
DigitalBridge Communications Funding Round
DigitalBridge Communications, operating out of Ashburn, raised $17.3 million in funding from Redshift Ventures, CNF Investments and Comerica Bank.
Transaction Overview
Company Name
Announced On
12/11/2006
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$17,250,000
Round
Series A
Investors
Redshift Ventures (Lead Investor) (Richard Harris)
Proceeds Purpose
DBC concurrently closed its acquisition of Teton Wireless and Montana Wireless, providers of wireless cable and Internet services in Idaho and Montana. DBC will enhance the service offerings in these markets by adding higher speed data services and expanding current service areas to include additional communities in the Intermountain West, Midwest and Southeast.
Company Information
Company Status
Acquired or Merged
Industry
Wireless
Mailing Address
44675 Cape Court 130
Ashburn, VA 20147
USA
Ashburn, VA 20147
USA
Phone
Email Address
Overview
DigitalBridge Communications (DBC) provides broadband wireless services (including high-speed data, voice over IP, and locally-hosted community content) to consumers and businesses in underserved rural, suburban, military, and university communities. It utilizes WiMAX technology to provide reliable, portable high-speed connections anywhere in its service area.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Butler
VP - Regulatory Affairs
William Wallace
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