Broadslate Gets $60M

Locally-based high-speed ‘net access company Broadslate Networks has just gotten $60M in funding from venture capital firms. Local backers include Court Square Ventures and Tall Oaks Capital. Given the downtown in Internet-related venture funding in Charlottesville right now, this is an unusually large sum. Broadslate owns a 1,700 mile fiber ring that spans eight surrounding states. Reed Williams has the story in today’s Progress.

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