Ohio’s Everstream scores $1B
CLEVELAND, OH–Business-only fiber network Everstream has secured more than $1 billion in debt financing to refinance existing credit facilities and raise additional capital to continue funding network growth and densification across its 10-state footprint. The deal marks the first time a U.S.-based telecommunications company has leveraged an OpCo/HoldCo financing model, driven by demand from Institutional Infrastructure investors.
$42.7M for a pair of new facilities focused on tech innovation in Lincoln
LINCOLN, NE–Southeast Community College is planning a pair of new facilities dedicated to training students to enter careers in science and technology. A proposed $42.7 million tower focused on technology education will also serve as a hub for businesses that want to “re-skill or up-skill” their existing workforce. This is an amazing raise for a community college.
SOC AgileBlue lands $3M in funding round
CLEVELAND, OH–AgileBlue, a security operations center (SOC) and eXtended detection and response (XDR) platform provider, has secured $3 million in a preferred funding round. The company also has added Tribeca Early Stage Partners as an investor. The funding builds on the earlier $2.25 million foundation raised in December 2021.
$1M to support tech startups in Missouri
The Missouri Technology Corporation will award more than $1 million in grant funding to support startups and entrepreneurship statewide through the Missouri Building Entrepreneurial Capacity (MOBEC) grant program. MOBEC provides matching grants to expand the capacity of nonprofit organizations that support entrepreneurs to create more home-grown, high-tech companies.