Sawtooth Technologies: Wave Broadband raises $125M, acquires two companies to build out fiber network

Kirkland-based gigabit and broadband services company Wave Broadband has raised $125 million and has acquired two smaller companies to aggressively build out its fiber networks. The company relies on an expanding fiber network that delivers high-speed internet to more than 460,000 customers. The funding, raised through a loan, will allow Wave to add 100 miles to its existing 5,500-mile network. The acquisition of Newport, Oregon-based CoastCom and Vancouver, Washington-based SawNet will add an additional...