US-based internet services provider Starry has raised $30m in series B capital from investors including mass media company IAC, Boston Business Journal reported on Monday.
Venture capital firm FirstMark Capital, hedge fund manager Tiger Global Management, HLVP and investment firms KKR and Quantum Strategic Partners also took part in the round.
The same investors, including IAC, had provided series A funding for Starry in January 2016. The size of the round was undisclosed at the time but Starry has now confirmed its total funding stands at $63m.
Founded in 2015, Starry has developed technology to delivery broadband to consumers without the need for cables to each property.
The company places nodes on rooftops in densely populated areas, which then wirelessly connect to devices placed outside windows that in turn are connected through a cable to a router inside.
Starry is currently offering its product to a select group of beta testers but plans to make its technology publicly available in Boston in the first quarter of 2017, adding additional cities towards the end of the year.