San Jose California based Aervivo is raising $5,027,134.00 in New Equity Investment.
San Jose, CA – According to filings with the U.S. Securities and Exchange Commission, Aervivo is raising $5,027,134.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Michael Hart played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Aervivo
Aervivo’s mission is to disrupt the Internet connectivity space by providing a scalable, lower-cost, faster-to-deploy solution for fiber-grade service across the US and beyond. Aervivo’s platform enables our ISP partners to deploy gigabit grade networks across both small and large communities faster than can be achieved with fiber, and typically at a fraction of the cost. This is often tens of dollars per household passed instead of hundreds to thousands, providing time to revenue measured in weeks, not years. Our cloud-based, SW-defined platform is architected for scale, enabling our partners to overcome the challenges faced by their predecessors. We will enable the revitalization of DSL providers and empower new entrants to provide competitive services on a broad, national scale in a manner that has to date been hampered by the infrastructure economics and speed at which current gigabit technologies, such as fiber, can be deployed.
To learn more about Aervivo, visit http://www.aervivo.com/
Contact:
Michael Hart, Chief Executive Officer
408-357-3447
https://www.linkedin.com/in/mikejbhart/
SOURCE: http://www.intelligence360.io
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