Tower Cloud

Marketing/AdvertisingSeries BSt. Petersburg, UStowercloud.com

Latest round

Series B

Last raised

Jun 2012

Total raised

$27M

Investors

10

About Tower Cloud

Tower Cloud, Inc.Founded in 2006, Tower Cloud, Inc. operates out of St. Petersburg, US, focusing on advanced telecommunications solutions. The company was acquired by Communications Sales and Leasing in June 2016 for USD 230 mn, marking a significant strategic pivot in its operations. The founder, Ronald Mudry, has an extensive background in the telecommunications industry but specific details regarding prior companies are not available.Tower Cloud primarily offers a suite of telecommunications services, including fiber-optic network design and management. These offerings cater to a diverse clientele across North America, focusing on industries such as telecommunications, healthcare, and education.Revenue for Tower Cloud is generated through business-to-business (B2B) transactions, including direct sales and partnership agreements. Their pricing structure accommodates both bulk purchases and subscription models for ongoing services, ensuring a consistent income stream.Looking ahead, Tower Cloud plans to expand its offerings by developing new telecommunications products aimed at enhancing fiber-optic network services, with potential launches in the coming years. There are also plans to penetrate new markets, particularly in the Southeastern US, by the end of 2023.

Who invested in Tower Cloud

10 investors across 2 rounds

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Funding rounds

  1. Series B

    Jun 25, 2012

    Amount

    $17M

    Investors

    Locked

  2. Series A

    Oct 11, 2006

    Amount

    $10M

    Investors

    Locked

Questions about Tower Cloud

Who invested in Tower Cloud?

Tower Cloud has 10 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Tower Cloud raised?

Tower Cloud has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Tower Cloud last raise money?

Tower Cloud's most recent round on record is a Series B, in Jun 2012.

What does Tower Cloud do?

Tower Cloud is a marketing/advertising company.

Where is Tower Cloud headquartered?

Tower Cloud is headquartered in St. Petersburg, US.

Which VCs invest in companies like Tower Cloud?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back marketing/advertising companies at Tower Cloud's stage. Their profiles are linked below.

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