Hyperoptic

United Kingdom
Newdigate, England, United Kingdom, W6 7NL

Company profile

Hyperoptic company profile

Hyperoptic's true superfast broadband technology differs from the services currently offered by most other leading UK internet service providers in that it provides unimpeded fibre speeds directly to the premises. Other so-called ‘superfast fibre' services are generally hybrids, relying on existing infrastructure and dated copper cables to make up at least part of the line, resulting in drastically reduced internet speeds and unpredictable performance. The UK currently lags behind other international markets when it comes to the availability of true hyperfast broadband, with FTTH technology available in less than 1 per cent of homes. In contrast, Japan boasts over 50 per cent penetration and the US around 10 per cent, according to FTTH Council Europe. With an aggressive expansion and development plan fuelled by this new investment, Hyperoptic is now primed to play a significant role in closing this gap.

Business identity

Contact email
[email protected]
Phone number
+44 333 332 1111
Operating status
Active
Company type
For Profit
Employee range
1,001-5,000 employees
Revenue range
$1M-$10M
Founded
2011-09-14

Headquarters

Postal code
W6 7NL
Country code
GB
Continent
Europe

Capital profile

Funding and company signals

Funding stage
M And A
Funding rounds
5
Total equity funding
$75.5M
Last funding
Series Unknown / 2018-11-07
Last equity funding
Series Unknown
Investors
12
Lead investors
5
Founders
1
Articles
153
Exited on
2019-10-14

Founders and investors

Founders

Dana Pressman Tobak

Lead investors

BNP Paribas Private EquityEuropean Investment BankING GroupMubadala Capital VenturesSoros Fund Management

Investors

European Investment BankING GroupMubadala Capital VenturesNatWest GroupSociete Generale