Strategic · Hardware

Aspire Fiber announces $50M majority investment from Arenova Capital

Aspire Fiber announced a $50 million investment from Arenova Capital in March to support its California fiber network expansion.

The transaction gives Arenova a majority investment in the business.

The expansion focuses on fiber-to-the-home service offering speeds of up to 10 Gbps, linking the financing to deployment of residential connectivity in California.

Funding history

Strategic · This round$50M

Sources

  1. Aspire Fiberprojectstartups.com
  2. prnewswire.com