About Rise Broadband
Rise Broadband is a company based in Englewood (United States) founded in 2005 was acquired by GI Partners in February 2023.. Rise Broadband has raised $57.83 million across 6 funding rounds from investors including GI Partners, Hercules Capital and MCCP. Rise Broadband has completed 1 acquisition, including GI Partners. Rise Broadband operates in a competitive market with competitors including Orange Polska, Sky, ViaSat, EarthLink and Interdigital, among others.
- Headquarter Englewood, United States
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Sectors
Telecommunications
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$57.83 M (USD)
in 6 rounds
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Latest Funding Round
$205 M (USD), Debt – Conventional
May 31, 2018
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Investors
GI Partners
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
GI Partners
(Feb 02, 2023)
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Software Development Team
18 people
Sales and Marketing
8 people
Leadership Team
6 people
Finance and Accounting
4 people
Human Resources and Administration
4 people
Network Team
4 people
Product Management Team
2 people
Engineer Team
2 people
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Funding Insights of Rise Broadband
Rise Broadband has successfully raised a total of $57.83M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $205 million completed in May 2018. 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 Total Funding
- Total Rounds 6
- Last Round Debt – Conventional — $205.0M
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First Round
First Round
(21 Dec 2007)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Debt – Conventional - Rise Broadband | Valuation |
investors |
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| Nov, 2010 | Amount | Series C - Rise Broadband | Valuation |
investors |
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| Nov, 2009 | Amount | Series B - Rise Broadband | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rise Broadband
Rise Broadband has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include GI Partners, Hercules Capital and MCCP. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Capital solutions are provided to middle market companies by MCCP.
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Founded Year | Domain | Location | |
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Venture debt financing is provided to companies in multiple sectors.
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Founded Year | Domain | Location | |
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Data infrastructure companies are targeted for private equity investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rise Broadband
Rise Broadband has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include GI Partners. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Data infrastructure companies are targeted for private equity investments.
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Rise Broadband
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rise Broadband Comparisons
Competitors of Rise Broadband
Rise Broadband operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Orange Polska, Sky, ViaSat, EarthLink and Interdigital, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Telephony, internet, and data transmission services are provided in Poland.
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| domain | founded_year | HQ Location |
Sky is recognized as a provider of TV, broadband, and mobile services.
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| domain | founded_year | HQ Location |
Satellite-based communication services are provided to diverse business sectors.
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| domain | founded_year | HQ Location |
Internet service provider
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| domain | founded_year | HQ Location |
Mobile communication technologies are developed and licensed by Interdigital.
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| domain | founded_year | HQ Location |
Wireless, TV, internet, and media services are provided across Canada.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rise Broadband
Frequently Asked Questions about Rise Broadband
When was Rise Broadband founded?
Rise Broadband was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Where is Rise Broadband located?
Rise Broadband is headquartered in Englewood, United States. It is registered at Englewood, New Jersey, United States.
Is Rise Broadband a funded company?
Rise Broadband is a funded company, having raised a total of $57.83M across 6 funding rounds to date. The company's 1st funding round was a Series B of $200K, raised on Dec 21, 2007.
What does Rise Broadband do?
Rise Broadband (formerly known as JAB Wireless) is a fixed wireless broadband service provider, delivering high-speed Internet and digital voice services to residential and commercial customers. Over the years, it has expanded through acquisitions of many small rural ISPs. Offers expanded broadband coverage in previously under-served and un-served areas. Delivers Internet speeds between 3 Mbps and 1 Gbps comparable to or exceeding DSL, cable, and fiber.
Who are the top competitors of Rise Broadband?
Rise Broadband's top competitors include Sky, Rogers and Orange Polska.
How many acquisitions has Rise Broadband made?
Rise Broadband has made 1 acquisition, including GI Partners.
Who are Rise Broadband's investors?
Rise Broadband has 3 investors. Key investors include GI Partners, Hercules Capital, and MCCP.
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