Common Networks, a San Francisco, CA-based wireless internet service provider that offers fiber-class home internet, secured $25m in Series B financing.
The round was led by General Catalyst, with participation from existing investors Eclipse Ventures and Lux Capital.
The company intends to use the funds for R&D and expansion to the Silicon Valley this year, and to more cities in 2019.
Founded in 2016 by technology industry veterans Zach Brock, Grace Chen, Mark Jen, and Jessica Shalek, Common Networks is a wireless internet service provider that brings fiber-class internet to homes. It is using wireless technology to take on traditional incumbents and big cable companies by delivering ultra high-speed internet to homes through its use of graph networks on a city-wide level.
Its initial customers are in Alameda, California.