The Venture Codex

Participated · Equity · Sep 2022

Ziply Fiber provides fiber internet and voice services across the U.S. Northwest, offering speeds up to 5-gig across its fiber service area. Its primary products include Fiber Internet and phone for residential customers, Business Fiber Internet and Ziply Voice for small businesses, plus internet, networking and voice solutions for enterprise customers; it also continues to support DSL and TV customers in parts of Washington and Oregon. In its first two years of operation the company upgraded its copper network to fiber in more than 80 markets and has many more markets in the pipeline. The company announced $450 million in new funding to support continued fiber network expansion and an expanded edge-out strategy. Management said the capital will enable Ziply to serve more markets and continue closing the digital divide in rural and suburban communities across the Northwest. The company named Chris Denzin as Chief Operating Officer to oversee residential and commercial sales, customer care, field operations and product development, and promoted Rob Griffith to Chief, Fiber Design and Construction to lead fiber expansion.