Gigaclear

Gigaclear

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Organization

Contact Information

Overview

Gigaclear is one of the fastest and most reliable broadband networks in the UK. Delivered only to rural areas of England we deliver better broadband than is available to most towns and cities. With ultrafast, pure fibre broadband, available to every one of their customers, rural communities will be ready to meet the demands of Internet services of the future.

Founded in December 2010 by Matthew Hare, the Chief Executive, the company has grown steadily ever since, key appointments have included Joe Frost in 2012 as Sales and Marketing Director and in March 2014 Simon Bullock joined the company as CFO.

In May 2011 Ofcom applied the electronic communications code to Gigaclear for the purposes of the provision, by Gigaclear, of an electronic communications network in the United Kingdom. Also in May 2011 the company took a majority stake in local access pioneer Rutland Telecom and in September of that year the company started construction of its first fibre-to-the-premises network, which opened service in October 2011 in Hambleton in Rutland.

During 2012 Gigaclear also delivered its first Gigabit fibre-to-the-premises network in the rural communities of Appleton, Eaton and Besselsleigh in Oxfordshire. During 2013 and 2014 the company opened new networks in Fyfield, Frilford, Farmoor, Stanton Harcourt, Woodeaton, Beckley and Northmoor in Oxfordshire, Godden Green in Kent and Uppingham in Rutland. At the end of 2015, Gigaclear had 27 rural networks live with 39 more in construction in Oxfordshire, Kent, Cambridgeshire, Rutland and Northamptonshire. In addition Gigaclear is building rural networks supported by BDUK Superfast Broadband grants in Gloucestershire, West Berkshire and Essex.

Gigaclear delivers incredibly fast, and reliable broadband access, everyone connected to the network has the same level of service regardless of 'distance from the cabinet' or weather conditions.

About

Industries

Internet, Telecommunications, Satellite Communication, Optical Communication

Founded

2010

Employees

501-1000

Headquarters locations

Europe

Social

N/A

Profile Resume

Gigaclear headquartered in Europe, operates in the Internet, Telecommunications, Satellite Communication, Optical Communication sector. The company focuses on Internet and has secured $76.0B in funding across 80 round(s). With a team of 501-1000 employees, Gigaclear is actively contributing to advancements in Internet. Their latest funding round, Funding Round - Gigaclear, raised $Unknown amount. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Ian Wade

Ian Wade

CFO

Funding Rounds

Funding rounds

5

Investors

0

Lead Investors

0

Total Funding Amount

$950.2M

Details

2

Gigaclear has raised a total of $950.2M in funding over 2 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2023Private Equity527.4M
2017Private Equity144.1M

Investors

Gigaclear is funded by 17 investors.

Investor NameLead InvestorFunding RoundPartners
Gigaclear-FUNDING ROUND - Gigaclear144.1M
Woodford Investment Management-FUNDING ROUND - Woodford Investment Management144.1M
Gigaclear-FUNDING ROUND - Gigaclear27.2M
European Investment Bank-FUNDING ROUND - European Investment Bank27.2M

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