About Rocket Fiber
Rocket Fiber is a Telecommunications company based in Detroit (United States) founded in 2014, and was acquired by Everstream in February 2020. Gigabit internet and HDTV services are delivered in Detroit. Rocket Fiber has raised $30 million across 1 funding round from investors including Everstream and Rock Ventures. Its focus areas include Telecom, Telecom Operators, Broadband and Wired. Its competitors include Ciena and CenturyLink.
Company details
Rocket Fiber was founded in 2014 as an internet service provider based in Detroit, United States. Residential gigabit-speed internet, HDTV packages, and business services are offered through an expanding fiber network. Operations focus on the local market, with a retail store planned for the central business district by the end of 2015 to distribute technology products. Customer service teams are maintained to support users.
- Headquarters Detroit, United States
- Stage Acquired
- SectorsTelecommunications
- Website rocketfiber.com
- Social LinkedIn X Facebook
- Acquired by Everstream (Feb 2020)
- Total Equity Funding$30M (USD)
in 1 rounds
- Latest Funding Round$30M (USD), Series A
Nov 2015
- InvestorsEverstream
& 1 more
- Acquired byEverstream
(Feb 2020)
Funding Insights of Rocket Fiber
Rocket Fiber has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series A round of $30 million completed in November 2015. 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 $30M
- Total Rounds 1
- Last Round Series A — $30M
- First Round $30M
(Nov 2015)
- Investors Count 1
All 1 funding rounds of Rocket Fiber 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 |
|---|---|---|---|---|---|
| Nov 2015 | $30M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Rocket Fiber
Rocket Fiber has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Everstream and Rock Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment holding company | 2007 | rockventures.com | Detroit, United States | |
Heads-up displays for augmented reality are designed and manufactured. | 2006 | everstream.net | Cleveland, United States |
Investor details for Rocket Fiber
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 Rocket Fiber
3 dated milestones of Rocket Fiber across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Rocket Fiber is founded.
- Funding First funding round of $30.0M.
- Exit Acquired by Everstream.
Competitors of Rocket Fiber
Rocket Fiber has 2 listed competitors in our database. They include Ciena and CenturyLink.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ciena.com | 1992 | Hanover, United States | 412 | Cloud-based network management software is provided for infrastructure planning. | ||
| centurylink.com | 1930 | Monroe, United States | 25,928 | Datacenter colocation, communication technology, and managed services are provided. |
Detailed competitors of Rocket Fiber
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Rocket Fiber
Complete news archive for Rocket Fiber
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rocket Fiber
Rocket Fiber was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Rocket Fiber is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
Rocket Fiber is a funded company, having raised a total of $30M across 1 funding round to date. The company's 1st funding round was a Series A of $30M, raised on Nov 2015.
Rocket Fiber was founded in 2014 as an internet service provider based in Detroit, United States. Residential gigabit-speed internet, HDTV packages, and business services are offered through an expanding fiber network. Operations focus on the local market, with a retail store planned for the central business district by the end of 2015 to distribute technology products. Customer service teams are maintained to support users.
Rocket Fiber's top competitors include Ciena and CenturyLink.
Rocket Fiber has 2 investors. Key investors include Everstream, and Rock Ventures.
Yes. Rocket Fiber was acquired by Everstream in February 2020.