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Gigstreem Raises $10 million for High-Speed Permanent and Event Broadband

By September 13, 2019 December 4th, 2019 No Comments

– Kyle Wiggers (VentureBeat Newsletters)

“Gigstreem (formerly Rainbow Broadband), a Tysons, Virginia-based internet service provider targeting residential and commercial customers, today announced that it has raised $10 million in a series A round led by RET Ventures, with participation from LNC Partners.

Gigstreem offers six-month contracts with an early termination fee to customers in New York, Baltimore, Orlando, South Carolina, and Virginia. Fully symmetrical 150Mbps tiers start at $50, going up to $80 and $100 for 400Mbps and 1Gbps, respectively.”

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