Crosstown Fiber

Crosstown Fiber

Private
Lombard, IllinoisTelecommunications & Networkinghttps://crosstownfiber.com

Last Round

Grant

Jun 6, 2024

Total Funding Raised

$2M

Company Overview

Crosstown Fiber is a telecommunications service providers company that develops, owns, and operates a dark fiber optic network in the Chicago area.

Sector

Telecommunications & Networking

Verticals

Fiber Networks, Cloud Infrastructure

Business Model

B2B

Customer Profile

Subscription SaaS, Government Contracts, Services & Consulting

AI Layer

Non-AI

Keywords

dark fiberdark fiber leasingfiber optic networkunderground fibernetwork redundancydiverse fiber routesdata center connectivitydata center interconnectDCImetro fibertelecom infrastructurelow-latency networkwavelength servicesfiber backhaulcustom fiber networkindefeasible rights of useIRU

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Crosstown Fiber Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Crosstown Fiber Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
GrantJun 6, 2024
Private EquityNov 16, 2022

Key People

Founding team and executive leadership

Mike Underdown

President CEO

Executive Team

Crosstown Fiber Investors

Notable investors and investment history

Market signals

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  • Feb 11, 2025

    Attended Metro Connect USA 2025, focusing on fiber for AI and cloud.

Crosstown Fiber Filings

SEC and related filings with document metadata.

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Crosstown Fiber Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Crosstown Fiber's valuation, stock price, and market status.

Firmographic Details

HeadquartersLombard, Illinois
Employee Range29
Year Founded2022
Last FundingJun 6, 2024

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