What is Netly Fiber?
Founded in 2017 and headquartered in Solana Beach, California, Netly Fiber specializes in the design, construction, and operation of open-access fiber optic systems across cities. The company's business model centers on leasing wholesale fiber infrastructure to telecommunications providers, facilitating enhanced connectivity solutions. This approach positions Netly Fiber as a key enabler in the telecommunications infrastructure sector, supporting the growing demand for high-speed internet services.
How much funding has Netly Fiber raised?
Netly Fiber has raised a total of $40M across 1 funding round:
Private Equity
$40M
Private Equity (2019): $40M with participation from Ubiquity Partners
Key Investors in Netly Fiber
Ubiquity Partners
Ubiquity Partners is an investment firm that likely focuses on infrastructure and telecommunications projects, providing strategic capital for companies like Netly Fiber.
What's next for Netly Fiber?
The substantial enterprise-level funding and recent strategic investment indicate Netly Fiber is poised for aggressive growth and market penetration. This capital infusion is expected to fuel the expansion of its city-wide fiber optic networks and enhance its leasing capabilities to telecommunication partners. The company's focus on an open-access model suggests a strategy aimed at broad adoption and scalability, potentially leading to further strategic partnerships and market leadership in fiber infrastructure deployment.
See full Netly Fiber company page
