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Starry Internet Pulls In $30M

2016-12-20
BOSTON, MA, Starry Internet, a broadband internet company, raised $30 million in funding.
According to Techcrunch, Starry's solution has been the subject of much speculation and excitement, promising a potential alternative to internet company lockdowns by beaming broadband speed internet over the air through millimeter waves. Part of the interest also stems from the fact that the company was founded in 2015 by Chet Kanojia, not too long after his last startup Aereo had a run in with the Supreme Court.

Late-last week, Starry scored a bit more support with an additional $30 million in funding cataloged via a Securities and Exchange Commission filing. The company's not divulging the current round of funders, but has confirmed that the last number brings its current total to $63 million.

At present, the service is being tested in an extremely limited beta, which launched around the middle of last month. That's expected to be expanded to a larger segment of Boston early next year, with a further expansion to additional cities by the end of 2017.
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