– Kyle Wiggers (VentureBeat Newsletters)
“Gigstreem (formerly Rainbow Broadband), a Tysons, Virginia-based internet service provider targeting residential and commercial customers, today announced that it has raised $10 million in a series A round led by RET Ventures, with participation from LNC Partners.
Gigstreem offers six-month contracts with an early termination fee to customers in New York, Baltimore, Orlando, South Carolina, and Virginia. Fully symmetrical 150Mbps tiers start at $50, going up to $80 and $100 for 400Mbps and 1Gbps, respectively.”
