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412 Networks
Internet services provider
About 412 Networks
412 Networks operates as an internet service provider, delivering high-speed, gigabit internet primarily to enterprise clients. The company is based in Ontario, Canada, and focuses its services on the Durham Region, including Pickering, Ajax, and Whitby, as well as Toronto.
The company's business model is centered on providing internet connectivity. It targets both residential and business customers who are looking for alternatives to larger internet service providers. After launching in Durham, the company expanded its sign-ups to new clients in the city of Pickering, aiming to provide significantly faster internet speeds. Their service is designed for users who are dissatisfied with incumbent providers.
The infrastructure for this type of service often involves leveraging existing network technologies and establishing a local presence to manage connections and customer support. The market is competitive, with large established players, but there is often a niche for smaller providers who can offer specialized services, competitive pricing, or more focused customer support. The revenue model is typically based on monthly subscription fees for different internet speed tiers.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Jul 2016 | $10M | $40M | Undisclosed | — |
Growth signals
Latest recorded traffic for 412 Networks is 0 monthly website visits. 412 Networks's team grew 0% over the past year.
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Investments and acquisitions
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Global footprint
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Market sentiment
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