Starry built a next-generation wireless broadband network designed to deliver fast, affordable home internet without complex contracts. Using hybrid-fiber fixed wireless technology, its platform enabled gigabit-capable speeds with transparent pricing. The company focused on underserved urban areas and partnered with housing providers to improve digital access. Prior to being acquired, Starry provided high-performance, customer-friendly broadband services and operated in multiple U.S. cities.
What Is Starry and What Does It Do?
Starry, founded in 2014 by Chaitanya Kanojia, Joe Lipowski, Alex Moulle Berteaux, and Virginia Lam Abrams, is a Boston-based provider of wireless broadband internet services.
The company developed hybrid-fiber fixed wireless technology to deliver gigabit-capable internet without long-term commitments or data limits.
Starry employs 642 employees as of December 2021 and its network architecture enabled faster deployment and lower costs compared to traditional fiber, positioning it as a strong alternative broadband provider.
How Much Funding Has Starry Raised?
1. Series C
- Amount Raised: $100M
- Lead Investors: FirstMark, IAC, Tiger Global Management, KKR
- Motivation: To scale broadband coverage into additional U.S. markets.
2. Series B
- Amount Raised: $30M
- Motivation: To expand engineering operations and strengthen wireless infrastructure.
Total Funding Raised: $163M
Current Valuation: $1.29B
Latest Funding Date: 2018 (Series C)
Key Investors
1. FirstMark
- Details: A leading early-stage VC firm backing transformative technology companies.
- Investment Focus Areas: SaaS, consumer tech, marketplaces.
- Notable Investments: Pinterest, Shopify, Riot Games.
2. IAC
- Details: A global technology and media holding company with a diverse portfolio.
- Investment Focus Areas: Media, consumer internet, marketplaces.
- Notable Investments: Vimeo, Tinder, Expedia.
3. Tiger Global Management
- Details: A major investment firm focused on tech companies across public and private markets.
- Investment Focus Areas: Software, consumer internet, fintech.
- Notable Investments: Facebook, LinkedIn, Stripe.
4. KKR
- Details: A global investment firm supporting large-scale high-growth businesses.
- Investment Focus Areas: Infrastructure, tech, private equity.
- Notable Investments: GoDaddy, ByteDance.
Where Is Starry’s Headquarters?
Starry is headquartered in Boston, Massachusetts, benefiting from access to world-class engineering talent, strong broadband innovation communities, and proximity to major telecom infrastructure partners.
What’s Next for Starry?
After its acquisition, Starry’s technology is expected to continue contributing to next-generation broadband deployments. Its fixed wireless innovations provide a scalable model for delivering high-speed internet in dense urban regions, and future growth will likely focus on integrating Starry’s wireless architecture into broader telecom networks.
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