Everstream is a fiber-optic network provider based in the United States with offices in Detroit and Cleveland. On April 19, 2019, they raised $24 million as part of their Series A financing round. In comparison to their competitors in the telecom industry, Everstream focuses on providing smaller markets access to fast data transport services. This positions them to take advantage of unique opportunities and provide superior customer service.
Everstream’s ability to create a quality broadband experience and serve smaller markets sets them apart from most of the telecommunications competition who specialize in serving more developed areas. To support this goal and provide better customer service, Everstream has established relationships with more than 50 municipalities across seven Midwest States. These partnerships have allowed Everstream to adapt quickly when responding to customer needs for faster internet access, rather than requiring customers to wait for large-scale network development projects by telecoms operating at a national level.
Using advanced fiber optics technology developed by Automated Fiber Solutions (AFS), Everstream is able to ensure their core backbone is reliable, secure, and scalable regardless of the size of the market they serve. This allows them to offer more speed options at more price points than many of their larger competitors.
In addition to offering superior fiber optic networks backed by quality customer service, Everstream also focuses on developing 5G wireless networks in secondary markets throughout its area of operation–something that few other telecom providers offer today or have plans for implementing in the near future. By supporting both wired and wireless internet options with their own infrastructure design capabilities and highly trained technicians they are positioned as a leader in providing innovative technology solutions tailored specifically for businesses located outside major metropolitan areas. Overall, this allows Everstream’s customers access services that often go hand-in-hand with those available only in larger cities – like reliable broadband that isn’t reliant on copper cables or satellite dish internet connections – at an attractive cost savings usually associated only with rural locations where there isn’t a lot of competition from major players like AT&T or Cox Communications.
Overview of Everstream
Everstream is a high-speed fiber-optic internet provider that recently raised $24 million in its Series A round. The company offers residential and small businesses with internet speeds up to 1Gbps. The company touts its ability to provide consistently fast speeds and reliable service.
In this article, we’ll take a look at how Everstream differentiates itself from its competitors.
What is Everstream?
Everstream is an Ohio-based data services provider that offers enterprise-level solutions for businesses needing high speed, low latency, and reliable broadband experiences. The company was created in 2018 to provide faster access to communications networks and help deliver Gigabit services. Everstream has since grown rapidly, raising $24 million in venture capital rounds in 2020 and recently closing a $45 million series B round with participation from some of the nation’s most respected investors.
Everstream is differentiated from its competitors by focusing on offering top-tier enterprise solutions and focusing on building a strong partner eco system. Our customers benefit from our award winning customer service teams who work with each business to understand their project requirements and ensure that an ideal solution is provided based on their individual needs. Additionally, our market leading technology portfolio of products helps businesses manage bandwidth demands, network reliability & latency and connectivity optimization at scale. We also offer access to industry leading security solutions & advanced technologies like GPS & GIS mapping tools along with real-time analytics & performance metrics that take the guesswork out of managing operations while managing costs & improving performance measurements at scale.
At Everstream, we are passionate about delivering the highest quality internet experience for businesses no matter how big or small they may be. Our commitment to customer experience is unrivaled which makes us the perfect partner for any businesses looking for a trustworthy service provider who values both performance and reliability metrics when delivering results everytime.
What services does Everstream offer?
Everstream is a Midwest-based business-class data communications provider that specializes in Ethernet and fiber services. It offers reliable, fast connection speeds up to 100 Gigabit/sec over its own fiber network spanning Michigan, Illinois, Ohio and North Carolina. Whether connecting two locations within a single campus or across the US, Everstream provides scalable solutions for businesses of any size.
Along with its core services of Internet access and dedicated connections, Everstream also delivers a comprehensive suite of managed services such as colocation, business continuity, network security (SDN) and implementable cloud solutions. Customers have access to 24/7 local customer service providing proactive monitoring and support.
With recent investments from Morgan Stanley Expansion Capital and Pathlight Capital following its Series A round which raised $24 million in 2018, Everstream is expanding its reach into new markets across North America with plans to build more than 10 additional data centers in the next three years. The company has been continually investing in fiber resources since it was established in 2011 with the mission of bringing reliable Internet service to all Midwestern businesses no matter their size or type.
How Is Everstream Different From Its Competitors?
Everstream, a cloud storage provider, has recently raised $24 million in a Series A round. This significant financial boost has helped Everstream to gain a decisive edge among its competitors.
But, what exactly makes Everstream different from its competitors? In this article, we will be exploring that question in greater detail and discussing the various ways in which Everstream stands out from its competitors.
Everstream’s Unique Selling Points
Everstream is a fiber network provider that has revolutionized connectivity technology by offering high-speed, reliable connectivity to businesses and organizations. This unique service stands out from its competition by offering scalability and faster speeds than traditional broadband. The company recently raised $24 million as part of a Series A round, further solidifying its commitment to revolutionizing connectivity solutions.
One of Everstream’s major unique selling points is its ability to meet the needs of any size business or organization. Whether an entrepreneur is looking for the perfect connection for their startup business or a larger corporation requires lightning-fast network speeds, Everstream can provide the ideal solution no matter the size requirement.
Everstream’s fiber-optic technology also ensures maximum reliability of connection and speed, regardless of environmental conditions. This makes it ideal for areas with remote locations or challenging climate conditions, giving users access to reliable bandwidth regardless of their environment.
The self-managed model also allows for greater flexibility when managing bandwidth, something not always provided by competitors in this industry. Companies have the ability to adjust their services based on usage, critical applications and situations that require additional resources without facing the potential cost associated with additional staff or software needed to monitor usage and manage capacity needs.
Finally, Everstream offers affordable services compared to alternative providers, while maintaining consistent customer service quality standards unparalleled anywhere else in the sector. With access to fully automated systems which are always available 24/7 plus experienced customer support teams who prioritize each client’s request quickly and efficiently; Everstream provides top notch services that keep customers connected at optimal performance levels at all times – even during peak usage periods – without fail.
Everstream’s Differentiation Strategy
Everstream is looking to differentiate itself from its competitors by establishing a comprehensive fiber network in metropolitan areas. In 2019, Everstream completed its Series A funding round, raising over $24 million for their growth initiatives. This funding was used to expand their fiber network infrastructure into fourteen new states and establish a total of forty-four connected markets.
By setting up an expansive fiber infrastructure like this, Everstream’s customers have access to more reliable and higher speeds than the traditional copper internet cables provide. It also makes it easier for businesses to add additional services such as FiOS and TV services that further differentiate them from the competition. The networks are designed with redundancy in mind, so at any time if parts of the network go down for maintenance or repairs there are still alternative paths that keep customers online correctly serving them around the clock with high-quality service levels.
With built-in scalability and flexibility on their networks provided by software defined networking (SDN) Everstream can quickly respond to customer’s needs without having to make major changes or installation delays when expanding bandwidths or implementing additional features. With potentials such as cut over times as low as five minutes on some services, customers do not need to wait around if they require any urgent services or setup changes.
Apart from technology upgrades, Everstream’s team focuses on providing an overall excellent customer service experience with knowledgeable technicians who act quickly and efficiently when it comes time to implement new requests or troubleshoot existing problems all while striving for high customer satisfaction scores, something that sets them apart from many of their major competitors.
Everstream raises $24 million in Series A round
Everstream recently announced that the Company has closed a $24 million Series A Round. This is an exciting time for the Company as the funds raised in the Series A Round will help fuel its development of a range of digital banking and financial services.
In this article, we’ll discuss how Everstream’s Series A Round differs from that of its competitors.
Overview of the Series A round
Everstream is a software company that provides integrated automation solutions and services to medium and large businesses. On August 7, 2020, Everstream announced the closing of its Series A round, raising $24 million in funding. The round was led by Tiger Global Management with participation from existing investors including Radical Investments, Digital Garage Group and others.
The capital infusion will be used to help scale the organization with focus on sales & marketing, product development and expanded customer service capabilities. This will also help fund strategic acquisitions to fuel the company’s growth trajectory.
The Series A funding follows quite a few months of milestones achieved by the organization this year – from new product launches to entry into new markets across North America and Europe – all indicating the tremendous potential for automation in helping businesses accelerate their digital transformations.
This funding is a strong testament of Everstream’s ability to differentiate itself from its competitors in the market through innovation and execution excellence as it expands from offering ITSM-focused automation solutions to full-scale enterprise process automation capabilities. It will further enable Everstream to embed automation further within multi-enterprise ecosystems – making workflow orchestration truly seamless right through an entire enterprise landscape of legacy systems, legacy vendors and emerging vendors alike – helping customers address their most complex internal challenges quickly and cost effectively with absolute confidence in secured data privacy compliance standards while they do so.
How the funds will be used
Everstream’s $24 million Series A round, led by Global Founders Capital with participation from SciFlour and Main Street Advisors, will be used to accelerate growth and further develop the company’s proprietary technology. This round of funding will enable Everstream to expand its reach both domestically and internationally and continue investing in the product platform to meet customer needs. It will also allow the company to attract new customers and partners while continuing to provide superior service.
Moreover, this fundraise is part of a larger $60 million investment over three rounds that Everstream has conducted since its inception in 2015. This kind of support speaks volumes about how confident investors are in the company’s future prospects.
It’s an exciting time for Everstream and this latest fundraising achievement is a testament to the effective product development strategy it has been pursuing for the past few years. It also reaffirms the brand’s commitment to disrupting digital streaming industry through pioneering technologies that make streaming more efficient, cost-effective, secure, fast and reliable than ever before. As stated by CEO Brian Glasser: “We are proud of our progress over the past few years as we have grown from 3 employees to becoming one of North America’s leading streaming brands.” The series A fundraise serves as another milestone in reaching this goal.