FTTH Communications, LLC, a Minneapolis-area, facilities-based fiber optic network, has received an investment from enVision Capital.
enVision, a mid-stage venture capital firm and division of management consulting firm, enVision Business Consulting, is taking a minority stake in FTTH.
The company plans to use the funding, whose amount was not disclosed, for network expansion and upgrades that will allow it to reach more homes.
Led by CEO Jeffrey Feldman, FTTH provides video, telephone and ultra high-speed Internet services to residential customers in Rosemount and Albertville, Minn.
The company expects to double its customer base within the next 12 to 18 months.
FinSMEs
20/12/2012