Wave Receives $130M Financing

WaveWave, a Kirkland, Washington-based gigabit fiber and broadband services company, raised an additional $130m.

The financing consists of a corporate bond sale worth approximately $130m, led by Deutsche Bank and supported by Wells Fargo, Sun Trust, and RBC Daniels.

The company intends to further expand its gigabit Ethernet fiber network (serving areas from northern California to the Canadian border through key West Coast markets in Oregon and Washington) and various business services such as co-location facilities and voice solutions.

Formed in 2002 by CEO Steve Weed, Wave is a gigabit fiber and broadband services company, providing high-speed internet service and a variety of related products and options for business and residential customers in key areas of Washington, Oregon and California.




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