DigitalBridge Raises New Equity

DigitalBridge Communications Corp., an Ashburn, Va.-based provider of WiMax broadband service to underserved communities, has raised an undisclosed amount of new venture capital funding. National Rural Telecommunications Cooperative was joined by return backers Paladin Capital Group, RedShift Ventures, CNF Investments and Novak Biddle Venture Partners. The company previously raised over $30 million in equity, plus $16.5 million in debt.

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