viaPhoton Increases its Capital Base to $100M to Disrupt Fiber Connectivity at the Edge
viaPhoton has expanded its capital base to $100 million through an $80 million transaction with Trinity Capital (NASDAQ: TRIN), which includes growth financing of up to $50 million. The funding showcases viaPhoton's innovative technology aimed at disrupting fiber infrastructure. As demand for fiber connectivity rises rapidly, viaPhoton can deliver custom-engineered fiber products significantly faster than competitors, promising weeks instead of the typical six months to a year. This transaction positions viaPhoton for further growth in the evolving connectivity market.
- Successfully raised
$80 million through transaction with Trinity Capital. - Growth financing of up to
$50 million provided to support expansion. - Significant endorsement of viaPhoton's innovative technology in fiber connectivity.
- Ability to deliver custom-engineered products in weeks, outperforming industry standards.
- None.
Industry 4.0 Technology platform radically improves customer experience;
Company aims to be destination of choice for tech talent
Global fiber connectivity within data centers, 5G networks, and broadband is growing rapidly. Last-generation copper-based networks are unable to keep pace with the bandwidth and latency demands of modern applications such as autonomous vehicles, streaming video and edge computing. Over the next decade, much of the data infrastructure will be upgraded to fiber connected directly to end devices.
“Our customers want to deploy massive networks, fast. viaPhoton’s customer-centric culture and technology enable us to provide consistent service at scale,” said
viaPhoton's platform addresses the entire customer journey from concept to install. Most fiber connectivity products at the edge are made-to-order and engineered to each customer’s unique needs – which change constantly. viaPhoton can supply custom-engineered products at scale in weeks, compared to the industry standard of six months to a year. This is only possible by integrating an array of capabilities in software, industrial automation and Robotics Process Automation (RPA).
“Our rapid revenue growth and equally rapid growth of our capital base demonstrate that we are a true disruptor in fiber connectivity,” said
“We are excited to partner with the team at viaPhoton, elevating the fiber experience and reimagining the connectivity industry,” said
About viaPhoton
We delight our customers by simplifying their buying experience, prioritizing consistent service, and meeting commitments. viaPhoton is a leading fiber solutions provider specializing in end-to-end connectivity. viaPhoton's technology-first approach enables us to manufacture in the
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viaPhoton
(415) 248 6735
phillip@watersagency.com
Source: viaPhoton, Inc.
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