Magellan Advisors

About

Magellan Advisors designs, engineers, deploys, and operates broadband and fiber optic networks for municipalities and utilities.

Denver,Colorado,United States
101 - 250
https://www.magellanbroadband.com/

Highlights

Details

Last Funding Type: Grant
Last Funding Money Raised: $25M
Industries: Compliance,Internet,Telecommunications,Wireless
Founded date: Jan 1, 2000
Number Of Employee: 101 - 250
Operating Status: Active

Magellan Advisors plans, develops, and builds fiber and broadband networks that empower communities. They provide turnkey fiber and broadband planning, engineering, deployment and operations, connecting communities at the speed of light. It collaborates with regional economic development organizations, government councils, and counties to plan and deploy regional fiber backbones and related infrastructure. They specialize in the full deployment of municipal fiber backbones, regional middle-mile networks, and a variety of wireless technologies for both urban and rural broadband applications.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$26.80M

Magellan Advisors has raised a total of $26.80M in funding over 2 rounds. Their latest funding was raised on Oct 12, 2022 from a Grant round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 12, 2022	Grant	$25M	1	U.S. Department of Agriculture	—	Detail
Oct 5, 2022	Grant	$1.80M	1	US Department of Commerce, Economic Development Administation	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

Magellan Advisors is funded by 2 investors. U.S. Department of Agriculture and US Department of Commerce, Economic Development Administation are the most recent investors.