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Comcast won a rural broadband funding round in Maryland to expand high-speed internet access.

PUBLIC · CCZMay 22, 2024•about 2 years ago

Amount Raised

$19.6 Million

PhiladelphiaSoftwareMessaging And TelecommunicationsWirelessTelecommunications

Investors

Comcast

Description

Comcast was selected as the big winner of rural broadband funding in Maryland, receiving funding in 7 jurisdictions and sharing funding in 4 others. The total amount awarded in this funding round was $19.6 million, and it aims to make high-speed broadband available to locations lacking service, supporting 2,400 unserved households.

Company Information

Company

Comcast Corporation

Location

Philadelphia, Pennsylvania, United States

About

Comcast Corporation is a global media and technology company. From the connectivity and platforms provided, to the content and experiences created, the businesses reach hundreds of millions of customers, viewers, and guests worldwide. They deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring theme parks and attractions to life through Universal Destinations & Experiences.

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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

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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