What is toob?
toob is a United Kingdom-based company dedicated to delivering high-speed, full-fiber broadband services. Headquartered in Portsmouth, toob serves a diverse clientele including homes, businesses, public services, and community groups. The company's core mission is to provide the fastest broadband available in the South of England, leveraging advanced fiber optic technology to ensure superior connectivity and performance for its users.
How much funding has toob raised?
toob has raised a total of $314M across 2 funding rounds:
Unspecified
$116.7M
Debt
$197.3M
Unspecified (2021): $116.7M with participation from Sequoia Capital
Debt (2023): $197.3M led by Ares Management Corporation and Amber Infrastructure
Key Investors in toob
Ares Management Corporation
Ares Management Corporation is a global alternative investment manager providing credit, real estate, private equity, and infrastructure solutions.
Amber Infrastructure
Amber Infrastructure Group is an international leader in responsible infrastructure investment, managing a diverse portfolio across various sectors and committed to sustainable investment solutions.
Sequoia Capital
Sequoia Capital in India manages funds for venture, growth, and late-stage opportunities, acting as an active partner to entrepreneurs and business families.
What's next for toob?
With substantial enterprise-level backing and a recent strategic investment, toob is poised for accelerated growth and market penetration. The company's focus on delivering the fastest broadband in its operational region, coupled with its commitment to community and public service connectivity, positions it favorably for future development. This capital infusion will likely support infrastructure expansion, technological upgrades, and enhanced customer service initiatives, solidifying toob's presence as a key player in the UK broadband market.
See full toob company page
