Pilot Fiber secures $330M+ in new financing led by Fengate Asset Management for the acquisition of Boldyn Networks' NY/NJ metro fiber business.
PRIVATEOct 22, 2026
Amount Raised
$330 Million
Round Type
Venture
New YorkHardware
Investors
Fengate Asset Management
Description
Pilot Fiber announces the acquisition of the NY/NJ metro fiber business of Boldyn Networks. The acquisition is supported by over $330 million in new financing. Fengate Asset Management led this financing round. This funding will facilitate the integration and growth of the acquired business.
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Company Information
Company
Pilot Fiber
Location
New York, New York, United States
About
Pilot Fiber delivers enterprise-grade connectivity to businesses across the New York metro area. The company has built a network of 300+ miles of modern fiber infrastructure throughout New York City, serving 3,500+ businesses. Their services include Dedicated Internet Access, Ethernet Transport, Dark Fiber, and more.
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