About Tower Cloud
Tower Cloud is a company based in St. Petersburg (United States) founded in 2006 was acquired by Uniti in June 2016.. Tower Cloud has raised $139.11 million across 6 funding rounds from investors including Uniti, Comerica and Knology.
- Headquarter St. Petersburg, United States
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Sectors
Telecommunications
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Phone
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Website
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Social
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Funding Insights of Tower Cloud
Tower Cloud has successfully raised a total of $139.11M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $18.05 million completed in April 2013. 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 Series D — $18.0M
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First Round
First Round
(06 Oct 2006)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2013 | Amount | Series D - Tower Cloud | Valuation |
investors |
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| Jun, 2012 | Amount | Series D - Tower Cloud | Valuation | Florida Opportunity Fund | |
| Dec, 2011 | Amount | Debt – Conventional - Tower Cloud | Valuation |
investors |
| 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 Tower Cloud
Tower Cloud has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Uniti, Comerica and Knology. 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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VC firm investing in the US
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Founded Year | Domain | Location | |
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Early-stage US investments in tech and offline sectors are targeted.
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Founded Year | Domain | Location | |
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Expansion capital is provided by Ballast Point Ventures to growing companies.
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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 Tower Cloud
| 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 |
Financial Statements - Tower Cloud
| 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 |
Tower Cloud Comparisons
Competitors of Tower Cloud
| 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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Frequently Asked Questions about Tower Cloud
When was Tower Cloud founded?
Tower Cloud was founded in 2006.
Where is Tower Cloud located?
Tower Cloud is headquartered in St. Petersburg, United States. It is registered at St. Petersburg, Florida, United States.
Is Tower Cloud a funded company?
Tower Cloud is a funded company, having raised a total of $139.11M across 6 funding rounds to date.
What does Tower Cloud do?
Tower Cloud was established in 2006 in St. Petersburg, United States, as a provider in the telecommunications sector. Fiber optic infrastructure is developed and managed by the company to support data connectivity. Services including dark fiber leasing, wavelength services, and network solutions are offered to businesses across various regions. Operations focus on building reliable, high-capacity networks for secure data transmission, with a primary emphasis on the U.S. market.
Who are Tower Cloud's investors?
Tower Cloud has 12 investors. Key investors include Uniti, Comerica, Knology, ITC Holding, and Sutter Hill Ventures.