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Overview
Hyperoptic's true superfast broadband technology differs from the services currently offered by most other leading UK internet service providers in that it provides unimpeded fibre speeds directly to the premises. Other so-called ‘superfast fibre' services are generally hybrids, relying on existing infrastructure and dated copper cables to make up at least part of the line, resulting in drastically reduced internet speeds and unpredictable performance.
The UK currently lags behind other international markets when it comes to the availability of true hyperfast broadband, with FTTH technology available in less than 1 per cent of homes. In contrast, Japan boasts over 50 per cent penetration and the US around 10 per cent, according to FTTH Council Europe. With an aggressive expansion and development plan fuelled by this new investment, Hyperoptic is now primed to play a significant role in closing this gap.
About
Internet, Telecommunications, ISP
2011
1001-5000
Headquarters locations
Europe
Social
N/A
Profile Resume
Hyperoptic headquartered in Europe, operates in the Internet, Telecommunications, ISP sector. The company focuses on Internet and has secured $32.7B in funding across 60 round(s). With a team of 1001-5000 employees, Hyperoptic is actively contributing to advancements in Internet. Their latest funding round, Private Equity Round - Hyperoptic, raised $75.5M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
5
1
0
$545.6M
Details
1
Hyperoptic has raised a total of $545.6M in funding over 1 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2013 | Private Equity | 75.5M |
Investors
Hyperoptic is funded by 22 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
BNP Paribas Private Equity | - | FUNDING ROUND - BNP Paribas Private Equity | 117.5M |
Hyperoptic | - | FUNDING ROUND - Hyperoptic | 27.5M |
European Investment Bank | - | FUNDING ROUND - European Investment Bank | 27.5M |
Hyperoptic | - | FUNDING ROUND - Hyperoptic | 75.5M |
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