Partnering with Crosstimbers will help us deliver upon our mission to positively change the communities we serve and the overall customer experience for internet providers.
ST. LOUIS (PRWEB) November 03, 2020
Gateway Fiber Holdings, LLC (“Gateway Fiber”), a leading developer of fiber-to-the-home broadband networks in the St. Louis metropolitan area, announced that they have received a significant growth equity investment from Crosstimbers Capital Group (“Crosstimbers”). The capital will help Gateway Fiber accelerate their deployment of fiber infrastructure to serve the high-speed internet needs of consumers and businesses across Wentzville and St. Charles, MO.
Gateway Fiber was founded in 2019 by Heath Sellenriek, Chris Calbreath, and Bob Glarner to deliver broadband internet services that meet the extraordinary demand growth for data to the home.
Heath Sellenriek, President and founder of Gateway Fiber, said “We’re excited to partner with Crosstimbers and leverage their experience developing best-in-class data infrastructure to meet and exceed the needs of our customers. Their expertise will help us deliver upon our mission to positively change the communities we serve and the overall customer experience for internet providers.”
David Hollon, Co-founder and Managing Partner at Crosstimbers, continues, “We are privileged to partner with Heath, Chris, and Bob and join with them in building a leading fiber-to-the-home platform. We look forward to equipping them with the resources they need to quickly scale across the St. Louis area.”
About Gateway Fiber
Gateway Fiber is headquartered in St. Louis, Missouri, and currently serves the communities of Moscow Mills, Troy, and Winfield, MO. Gateway Fiber constructs, owns, and operates fiber-to-the-home broadband networks in addition to providing internet and voice services to communities that need it most. For more information, visit gatewayfiber.com.
About Crosstimbers Capital Group
Crosstimbers Capital Group makes direct investments in scalable, entrepreneur-owned companies and other compelling opportunities. Crosstimbers partners with entrepreneurs to help them scale their businesses from the earliest stages of development. For more information, visit crosstimbers.com.