Race Communications builds and operates Fiber-to-the-Home networks delivering high-speed internet to metropolitan suburbs and rural communities in California. Launched in 1994, the company currently reaches about 200,000 locations. Race’s core product is FTTH connectivity aimed at closing the digital divide across diverse California markets. The company plans to use new capital to accelerate construction and expand its network to as many as 1 million locations over the next few years. Management has strengthened the board with two FTTH operators’ CEOs to support scaled deployment efforts. The funding mix includes equity and debt to support this network expansion.

Total raised

$500M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Sep 2024