Wave Raises $125 Million to Continue Accelerated Fiber Network Construction and Commercial Broadband Services Expansion

 

KIRKLAND, WA – September 14, 2016 – Wave (www.wavebroadband.com), a gigabit fiber and broadband services company, announced today that it has raised $125 million to continue the accelerated growth of its West Coast fiber network, bolstering its commercial services division and its Wave G residential Gigabit service. Wave’s financing for the expansion consists of a $125 million add-on to an existing first lien term loan.

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Two Acquisitions Strengthen Commercial Services

KIRKLAND, WA – September 14, 2016 – Wave (www.wavebroadband.com), a gigabit fiber and broadband services company, announced today two acquisitions of two fiber-optic broadband companies: CoastCom (www.coastcom.net), a Newport, OR-based company providing high-speed internet, data, and voice services for businesses on the Oregon Coast and in Central Oregon; and Vancouver, WA-based SawNet (www.saw.net), a broadband services provider for businesses, schools, and consumers in the Columbia Gorge region of northern Oregon and southern Washington.

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Wave Headquarters confirms move to Kirkland Urban

SEATTLE, WA (July 14, 2016) – Broadband provider Wave confirmed Thursday that it is moving into Kirkland Urban, a big commercial development that will replace Kirkland’s Parkplace complex.Wave has been a rumored tenant of the building since early this year when plans for Kirkland’s largest ever commercial development was taking shape.

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The 2016 Executive Excellence Awards: Steve Weed

Seattle Business Magazine
February 2016

For Steve Weed, it is both gratifying and frustrating that the most frequently asked question the founder of the upstart, gigabit-speed broadband provider receives is, “When can I get your service where I live?” It’s why Weed’s focus has been to build out rapidly the company’s fiber-optic network, which is expected to total 6,500 miles after its latest expansion. Read more here.

Wave Launches New Cloud-based Business Phone System

KIRKLAND, WA, 12/2/15 – Wave Broadband today introduced Hosted Voice for business customers. The affordable, cloud-based phone system replaces legacy, installed PBX switches at a fraction of the cost, runs on Wave’s fiber internet backbone, and efficiently scales with businesses as they grow. Read more…

Wave Acquires Layer42 Networks

Adding Silicon Valley Data Center Transport and Colocation Services to Wave Network

Sept 10, 2015

Wave, a gigabit fiber and broadband services company, today announced that it has acquired Layer42 Networks, a provider of business-to-business Internet connectivity, colocation, and data transport services. Layer42 brings Wave a strong base of metro Ethernet services for businesses throughout Silicon Valley and the San Francisco Bay Area and is the only colocation provider in the booming Mountain View, CA corridor. The transaction is effective immediately.
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Wave G | Wave Broadband Gigabit
Wave Launches Residential Gigabit Internet Service in San Francisco

June 11, 2015

Wave, a gigabit fiber and broadband services company, today announced the launch of its Wave G gigabit service in the San Francisco Bay Area. Wave G symmetrical gigabit and 100 Mbps internet service is now live and available at San Francisco’s NEMA, a 750-unit property in the city’s Mid-Market neighborhood. Read more…

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Wave Raises an Additional $130 Million to Expand Gigabit Ethernet Fiber Network

Announces Executive Appointments

May 21, 2015

KIRKLAND, Wash.–(BUSINESS WIRE)–Wave, a gigabit fiber and broadband services company, today announced that it has raised an additional $130 million to further expand its gigabit Ethernet fiber network Read more…

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