Upstate broadband company expands with $7.5M investment.
As broadband investment projects unfurl across the state, Greenville-based Broadband Infrastructure Inc. received $7.5 million in capital from a recent funding deal with Emigrant Business Credit.
BbI, parent company to Carolina Underground Solutions LLC and Absolute Technologies LLC, will use the capital to finance its expansion as 2020's Roaring Twenties Fastest-growing Small Company in South Carolina.
"We are in an industry boom, based on the massive fiber optic infrastructure buildouts taking place across the country, and these buildouts will likely go on for the next 10 years," Brad Cunningham, CEO of Broadband Infrastructure, said in a news release. "Securing access to significant capital is critical to growth and...
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