About Pegasus Tower
Pegasus Tower is a Telecommunications company based in Tazewell (United States) founded in 1999, and was acquired by SBA Communications in December 2012. Wireless infrastructure is managed and developed through specialized services. Pegasus Tower has raised $20 million across 2 funding rounds from investors including SBA Communications, Peppertree Capital Fund and Primus Capital venture fund management. Its focus areas include Telecom and Telecom Infrastructure.
Company details
Pegasus Tower was founded in 1999 and is headquartered in Tazewell, United States. Operations focus on the wireless infrastructure sector, where build-to-suit solutions, site management, project management, and co-location services are offered. These activities support the development and maintenance of wireless networks, with emphasis placed on efficient infrastructure handling across relevant geographies.
- Headquarters Tazewell, United States
- Stage Acquired
- SectorsTelecommunications
- Website pegasustower.com
- Social LinkedIn
- Acquired by SBA Communications (Dec 2012)
- Total Equity Funding$20M (USD)
in 2 rounds
- Latest Funding Round$20M (USD), Private Equity Round
Feb 2012
- InvestorsSBA Communications
& 2 more
- Acquired bySBA Communications
(Dec 2012)
Funding Insights of Pegasus Tower
Pegasus Tower has successfully raised a total of $20M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $20 million completed in February 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $20M
- Total Rounds 2
- Last Round Private Equity Round — $20M
- First Round $1.5M
(Dec 2008)
- Investors Count 2
All 2 funding rounds of Pegasus Tower with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2012 | $20M | Private Equity Round | – | – | |
| Dec 2008 | $1.5M | Unspecified | – | – | – |
3 investors in total: 3 institutional.
Investors in Pegasus Tower
Pegasus Tower has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include SBA Communications, Peppertree Capital Fund and Primus Capital venture fund management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| peppertreefund.com | ||||
| primuscapitalpartners.com | ||||
Wireless infrastructure is leased and developed for service providers. | 1989 | sbasite.com | Boca Raton, United States |
Investor details for Pegasus Tower
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Pegasus Tower
4 dated milestones of Pegasus Tower across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Pegasus Tower is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Private Equity Round, of $20.0M.
- Exit Acquired by SBA Communications.
Top companies in Telecom Infrastructure
3 companies that operate in the same segment as Pegasus Tower (Telecom Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cables and components for telecommunication infrastructure are supplied. | 1902 | St. Louis, Missouri, United States | USD 2.72 B | 7,500 | ||
Hardware and software solutions for telecommunications are provided by Nokia. | 1865 | United States | USD 23.37 B | |||
Communications infrastructure is owned, operated, and leased to carriers. | 2014 | Boca Raton, Florida, United States | USD 730 M |
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Frequently Asked Questions about Pegasus Tower
Pegasus Tower was founded in 1999 and raised its 1st funding round 9 years after it was founded.
Pegasus Tower is headquartered in Tazewell, United States. It is registered at Tazewell, Virginia, United States.
Pegasus Tower is a funded company, having raised a total of $20M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $1.5M, raised on Dec 2008.
Pegasus Tower was founded in 1999 and is headquartered in Tazewell, United States. Operations focus on the wireless infrastructure sector, where build-to-suit solutions, site management, project management, and co-location services are offered. These activities support the development and maintenance of wireless networks, with emphasis placed on efficient infrastructure handling across relevant geographies.
Pegasus Tower has 3 investors. Key investors include SBA Communications, Peppertree Capital Fund, and Primus Capital venture fund management.
Yes. Pegasus Tower was acquired by SBA Communications in December 2012.