MetroNet

Evansville, United States Founded: 2005 • Age: 21 yrs Acquired By Plusnet
IPTV, Internet and Phone Service Provider

About MetroNet

MetroNet is a Telecommunications company based in Evansville (United States) founded in 2005, and was acquired by Plusnet in November 2005. IPTV, Internet and Phone Service Provider. MetroNet has completed 3 acquisitions, including CTS, Jaguar Communications and LightSpeed Communications. Its website metronetinc.com draws about 23 thousand monthly visits. Its focus areas include Telecom, Telecom Operators, Broadband and Wired. Its competitors include Ciena, ViaSat and EarthLink.

Company details

MetroNet was founded in 2005 and is headquartered in Evansville, United States. Fiber optic communication services are offered to residential customers in Indiana and Illinois, encompassing internet, phone, and IPTV. Business clients receive fiber internet, phone, and IPTV, along with hosted systems, PRI phone service, fiber WAN, carrier services, and cloud solutions. Operations focus on the telecommunications sector within these states.

  • Headquarters Evansville, United States
  • Stage Acquired
  • Sectors
    Telecommunications
  • Website category Finance · Banking Credit and Lending
  • Website metronetinc.com
  • Acquired by Plusnet (Nov 2005)
Key Metrics

Funding Insights of MetroNet

  • Total Rounds 1
  • Investors Count 2

All 1 funding rounds of MetroNet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2021Seed––
Valuation history

3 investors in total: 3 institutional.

Investors in MetroNet

MetroNet has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include KKR, Plusnet and Oak Hill.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Mid market focused private equity firm
oakhill.comNew York, United States
Multiple sectors are invested in by this private equity firm.
1976kkr.comNew York, United States
Broadband and internet services are provided by Plusnet.
1997plus.netSheffield, United Kingdom
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Investor details for MetroNet

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  • Round participation
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Investments & Acquisitions by MetroNet

MetroNet has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CTS, Jaguar Communications and LightSpeed Communications.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Internet services are provided by CTS in the United States.
gocts.comGalesburg, United States1911Sep 2021β€’β€’β€’β€’
Fiber-optic telecom services are offered to residential and business users.
jaguarcommunications.comOwatonna, United States2015Mar 2020β€’β€’β€’β€’
Fiber optic networks are deployed for high-speed internet services.
golightspeed.comEast Lansing, United States2014Jan 2019β€’β€’β€’β€’
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Complete acquisition details for MetroNet

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  • Deal sources
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  • Exports

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Timeline of MetroNet

6 dated milestones of MetroNet across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded MetroNet is founded.
  2. Exit Acquired by Plusnet.
  3. Acquisition Acquires LightSpeed Communications.
  4. Acquisition Acquires Jaguar Communications.
  5. Funding First funding round.
  6. Acquisition Acquires CTS.

Competitors of MetroNet

MetroNet has 3 listed competitors in our database. They include Ciena, ViaSat and EarthLink.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ciena.com1992Hanover, United States412
Cloud-based network management software is provided for infrastructure planning.
viasat.com1986Carlsbad, United States6,800
Satellite-based communication services are provided to diverse business sectors.
earthlink.net1994Atlanta, United States
Internet service provider
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Detailed competitors of MetroNet

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Web traffic of MetroNet

The website of MetroNet (metronetinc.com) receives about 23.1K visits a month and ranks #951,586 among all websites worldwide, #10,471 in Banking Credit and Lending.

  • Monthly visits
    23.1K

    ▼ 12.2% vs previous month

  • Unique visitors
    15K

    per month

  • Global rank
    #951,586

    among all websites

  • Category rank
    #10,471

    Finance · Banking Credit and Lending

Similar websites

Websites whose visitors overlap most with MetroNet. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
mymetronet.net
mymetronet.net
100%
#1,431,757–
metronetinc.speedtest.net
metronetinc.speedtest.net
62%
–
getbeeline.com
54%
680.7K#11,003,225View details
intermaxnetworks.com
intermaxnetworks.com
54%
#4,036,963–
getattonline.com
getattonline.com
53%
#6,272,627–
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Related news about Metronet

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Complete news archive for MetroNet

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Frequently Asked Questions about MetroNet

MetroNet was founded in 2005 and raised its 1st funding round 16 years after it was founded.

MetroNet is headquartered in Evansville, United States. It is registered at Evansville, Indiana, United States.

MetroNet was founded in 2005 and is headquartered in Evansville, United States. Fiber optic communication services are offered to residential customers in Indiana and Illinois, encompassing internet, phone, and IPTV. Business clients receive fiber internet, phone, and IPTV, along with hosted systems, PRI phone service, fiber WAN, carrier services, and cloud solutions. Operations focus on the telecommunications sector within these states.

MetroNet's top competitors include Ciena, ViaSat and EarthLink.

MetroNet has made 3 acquisitions, including CTS, Jaguar Communications, and LightSpeed Communications.

MetroNet has 3 investors. Key investors include KKR, Plusnet, and Oak Hill.

Yes. MetroNet was acquired by Plusnet in November 2005.

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