VFN Holdings (Vero Networks), a Boulder, CO-based fiber infrastructure operator and broadband internet provider, raised $80M in Equity funding.
The round was led by Delta-v Capital and funds managed by Hamilton Lane, with participation from existing investors.
The company intends to use the funds to continue to build fiber to the home in support of high-speed internet access in underserved communities in both Colorado and other markets and states where Vero can leverage its unique, existing network footprint and fiber assets.
Founded in 2017 and based in Boulder, Colorado, Vero Networks designs, builds, owns and manages fiber infrastructure services to retail consumers (FTTH), K-12 schools (E-Rate), governments entities, enterprises, wireless and wireline carriers and hyperscale/cloud providers. Its key services include wide area networks, internet access circuits, dark fiber, lit fiber and private fiber networks. Vero operates a portfolio of companies that can leverage fiber assets across a broad range of verticals and customer segments, doing business as Vero Networks, Vero Fiber Networks, Vero Broadband, Clearnetworx, Deeply Digital, Fast Track Communications, and Glass Roots Construction.
Since its inception, Vero has expanded its network footprint to 237 markets in 20 states, serving over 21,000 customers.
FinSMEs
16/09/2024