CrowdFiber customers get USD 63m in funding for rural broadband

CrowdFiber, a developer of geomarketing automation software for telecommunications providers, has announced that eight of its customers have been awarded more than USD 63 million in funding from the Connect America Fund Phase II (CAF II) Auction by the Federal Communications Commission (FCC) to provide broadband services to underserved homes and businesses in rural areas, the company said.

CrowdFiber customers who will receive broadband grants in the third wave of CAF II funding include: Tombigbee Communications, Alabama; Gibson Connect, Kentucky; Midwest Energy Cooperative, Michigan; Chariton Valley Communications Corporation, Missouri; RiverStreet Communications of North Carolina; Lake Region Technology & Communications, Oklahoma; PGEC Enterprises, Virginia and RiverStreet Communications of Virginia.

The companies will receive funding over the next decade to provide minimum download/upload speeds of at least 1 Gbps/500 Mbps to 25,021 locations. The CAF II auction is part of a broader effort by the FCC to close the digital divide in rural America.

Headquartered in Rome, Georgia, CrowdFiber develops geomarketing and sales automation software that enables telecommunications providers to grow their broadband business and make data-driven decisions. Service providers across the United States rely on the CrowdFiber platform to pinpoint funding opportunities, meet government regulatory compliance requirements and reach their local markets intelligently.