Rural WiMax Provider DigitalBridge Raises Undisclosed Round

imageAshburn, Virginia-based DigitalBridge Communications has announced another round of funding, although it declined to say how much. Investors included the National Rural Telecommunications cooperative and all the company’s existing second round investors: Paladin Capital Group, RedShift Ventures, CNF Investments and Novak Biddle Venture Partners. DigitalBridge operates WiMax networks in under-served regions of the U.S., and currently has 15 deployments. According to VentureWire Alert, the company closed $16.5 million in debt and equity financing last October. (Release PDF

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