Crosstown Fiber has filed a notice of an exempt offering of securities to raise $33.5 Million in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Crosstown Fiber is raising $33,500,000.00 in new funding. Sources indicate as part of senior management Chief Financial Officer, Kariann Alexander 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 Crosstown Fiber
Crosstown Fiber is a Chicago-based fiber optic infrastructure developer specializing in the custom development of wholly-owned fiber optic networks for school systems, large enterprise, data center operators, content providers, IoT services, carriers, as well as municipal and other government agencies. Designed, managed and operated by a team of leading Chicago networking infrastructure specialists, Crosstown Fiber’s network infrastructure is secure, pervasive and scalable. It is designed and deployed 100% below-ground (sub-surface), providing unique routes and strategic alternative paths between data centers, universities, government agencies, and other corporate locations. Crosstown Fiber provides dark fiber network connectivity for the public sector, the enterprise, and service providers. From greenfield installs to the critical replacement of legacy networks, Crosstown Fiber brings turnkey solutions to our customers by leveraging our deep expertise and by working with partners who provide uncompromised products and service.
To learn more about Crosstown Fiber, visit http://crosstownfiber.com/
Contact:
Kariann Alexander, Chief Financial Officer
888-222-9730
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