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NextG Networks

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Designs, builds and manages distributed antenna systems that enhance network performance of wireless carriers

Milpitas, United StatesFounded 2001Consumer Services
Valuation $1–2.5B Last recorded · 2011
Revenue $10–50M Latest reported FY
Total funding $10–50M Disclosed equity funding
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About NextG Networks

NextG Networks, Inc. operated as a facilities-based carrier's carrier, specializing in the design, permitting, construction, and management of fiber-optic Distributed Antenna System (DAS) networks. The company was founded in 2001 by John Georges and David Cutrer. Georges, an entrepreneur with an engineering background, had previously co-founded LGC Wireless in 1996, a company focused on indoor networking solutions. Anticipating a surge in mobile data and voice traffic that would strain existing infrastructure, he established NextG to address the growing demand for enhanced wireless network performance.

The firm's core business involved providing transport and backhaul services to wireless service providers. Its primary offering was outdoor DAS, a network of small, low-power antennas connected by fiber to a central communications hub. This architecture served as an alternative to traditional large cell towers, improving wireless coverage and capacity, particularly in dense urban and suburban areas where macro sites were challenging to deploy. The systems were designed to be aesthetically unobtrusive, often mounted on poles, to comply with local zoning regulations. A key feature of NextG's networks was their protocol-neutral design, which allowed them to support multiple carriers, services, and technologies simultaneously from a single system.

The company's business model centered on building and owning these DAS networks and then leasing access to multiple wireless carriers. At the time of its acquisition, its networks averaged 1.25 tenants each, indicating capacity for growth. NextG's clients were major wireless carriers requiring improved network quality to handle rising call traffic, reduce dropped calls, and deliver faster data speeds for smartphones. A significant milestone was its acquisition by Crown Castle International Corp., a deal announced in December 2011 and finalized in April 2012 for approximately $1 billion. At that point, NextG was the largest provider of outdoor DAS in the United States, with over 7,000 active nodes, rights to over 4,600 miles of fiber, and a strong presence in top metropolitan areas like New York, Los Angeles, and Chicago.

Source: Dealroom company data

At a glance

Founded
2001
Headquarters
Milpitas, United States
Sector
Consumer Services
Power Law
Unicorn$1–10B valuation tier

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

Series B and later4 investors entered at this stage

  • Gabriel Venture Partners
  • Oak Investment
  • Meritech Capital
  • Madison Dearborn Partners
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Milpitas HQ
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Market sentiment

Posts on X, past 7 days

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