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Archtop Fiber has secured nearly $200 million in new capital to support its market expansion in the Northeast. The funding was led by Monroe Capital and aims to accelerate the company’s growth strategy.

Apr 15, 20258 months ago

Amount Raised

$200 Million

KingstonTelecommunications

Investors

Post Road GroupMonroe Capital

Description

Archtop Fiber has successfully closed on a new credit facility led by Monroe Capital, providing nearly $200 million in funding for its market expansion initiatives. This investment not only supports immediate growth plans but also sets the stage for future capital opportunities. The funding reflects strong support from Post Road Group, demonstrating confidence in Archtop's business strategy. The company is poised to enhance its presence in the fiber broadband market across the Northeast.

Company Information

Company

Archtop Fiber

Location

Kingston, New York, United States

About

Archtop Fiber is a New York state-based internet service provider (ISP) that serves residents and businesses throughout the Hudson Valley. The company is known for accelerating their fiber network expansion and seeking merger and acquisition opportunities to broaden their footprint.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech