Gigaclear

Empowering rural communities with brilliant broadband

General Information
Company Name
Gigaclear
Founded Year
2010
Location (Offices)
Abingdon, United Kingdom +1
Founders / Decision Makers
Number of Employees
636
Industries
Internet, Telecom
Funding Stage
Private Equity
Social Media

Gigaclear - Company Profile

Gigaclear, a UK-based startup, is focused on revolutionizing rural communities by providing them with high-speed, reliable broadband. The company, founded in 2010, has been making significant strides in the internet industry, particularly in areas where traditional copper-based networks have failed to meet the escalating demand for connectivity.

Through strategic investments and the deployment of state-of-the-art fibre networks, Gigaclear has successfully connected over 200 communities across the South West, Midlands, and South East of the UK. The company's commitment to closing the digital divide has earned it recognition, including being named a finalist for Employer of the Year 2022 at the Oxfordshire Business Awards.

Notably, Gigaclear has secured a substantial £420.00M in a Private Equity Round investment on 08 June 2023, with the investment coming from Equitix. This infusion of capital underscores the confidence of investors in Gigaclear's vision and potential for growth.

As the UK's premier fibre-to-the-premises provider, Gigaclear is on track to extend its coverage to 500,000 premises by the end of 2024, further solidifying its position as a leading player in the industry. Additionally, being principally owned by Infracapital, a prominent European Infrastructure investor, further bolsters Gigaclear's standing in the market.

Overall, Gigaclear's remarkable accomplishments, innovative approach, and strong financial backing demonstrate its potential to continue reshaping the landscape of rural broadband connectivity in the UK.

Taxonomy: full-fibre broadband, rural broadband, FTTP, infrastructure investment, internet connectivity, digital divide bridging, rural communities, telecommunications infrastructure, broadband deployment, high-speed internet, network construction, broadband accessibility, community empowerment, digital infrastructure, broadband network

Funding Rounds & Investors of Gigaclear (5)

View All
Funding Stage Amount No. Investors Investors Date
Private Equity Round £420.00M 1 Equitix 08 Jun 2023
Debt Financing £190.00M 6 ABN AMRO Bank, NatWest Bank +3 17 Dec 2021
Private Equity Round £111.00M 2 05 May 2017
Debt Financing €25.00M 1 European Investment Bank 14 Jan 2016
Funding Round Unknown - 23 Nov 2012

Latest News of Gigaclear

View All

No recent news or press coverage available for Gigaclear.

Similar Companies to Gigaclear

View All
County Broadband - Similar company to Gigaclear
County Broadband We're the FULL FIBRE BROADBAND provider on a mission to supercharge local communities with HYPERFAST connectivity!
WightFibre - Similar company to Gigaclear
WightFibre Broadband that works - Guaranteed!
WightFibre - Similar company to Gigaclear
WightFibre Broadband that works - Guaranteed!
open eir - Similar company to Gigaclear
open eir At open eir we provide communication service providers with open access to eir's nationwide fixed network and products.
CityFibre - Similar company to Gigaclear
CityFibre Rolling out the UK’s fastest and most reliable broadband networks, purpose-built for the data age.