Brightspeed - About the company
Brightspeed is a late stage company based in Charlotte (United States), founded in 2008 by Robert Mudge. It operates as a Provider of internet, telephone, and television services for residential & business sectors. Brightspeed has raised $500M in funding. The company has 705 active competitors, including 11 funded and 120 that have exited. Its top competitors include companies like T-Mobile, AT&T and Vodafone.
Key Metrics
Founded Year
2008
Location
Charlotte, United States
Stage
Late Stage
Total Funding
$500M in 1 round
Latest Funding Round
Investors
Ranked
25th among 705 active competitors
Employee Count
2,291 as on May 31, 2026
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Brightspeed's funding and investors
Brightspeed has raised a total funding of $500M over 1 round. Its latest funding round was a PE round on May 02, 2023 for $*****. 2 investors participated in its latest round. Brightspeed has 2 institutional investors.
Here is the list of recent funding rounds of Brightspeed:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 02, 2023 | 9886070 | PE | 9072927 | 7728272 | 6391179 | 4453899 |
View details of Brightspeed's funding rounds and investors
Brightspeed's founders and board of directors
Founder? Claim ProfileThe founders of Brightspeed is Robert Mudge.
Here are the details of Brightspeed's key team members:
- Robert Mudge: Co-Founder of Brightspeed.
View details of Brightspeed's Founder profiles and Board Members
Brightspeed's employee count trend
Brightspeed has 2,291 employees as of May 26. Here is Brightspeed's employee count trend over the years:
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Brightspeed's Competitors and alternates
Top competitors of Brightspeed include T-Mobile, AT&T and Vodafone. Here is the list of Top 10 competitors of Brightspeed, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | T-Mobile 1994, Bellevue (United States), Acquired | Provider of mobile telecommunication services | - | 82/100 | |
2nd | AT&T 1876, Dallas (United States), Public | Provider of wireless and internet services | - | 82/100 | |
3rd | Vodafone 1982, Newbury (United Kingdom), Public | Virtual card-linked wallet for consumer payments | - | 81/100 | |
4th | Verizon 1983, New York City (United States), Public | Provider of wireless, internet, TV, and phone services | - | 81/100 | |
5th | Telecom Italia 1994, Rome (Italy), Public | Integrated telecom service provider | - | 77/100 | |
6th | Spectrum 1993, Stamford (United States), Public | Cable TV, broadband and telephony services provider in the US | - | 76/100 | |
7th | Cox Communications 1962, Atlanta (United States), Acquired | Provider of internet, TV, and webmail services | - | - | 75/100 |
8th | French Telecommunication major | - | 74/100 | ||
9th | Comcast 1963, Philadelphia (United States), Public | Provider of phone, internet, and television services | - | 72/100 | |
10th | Frontier Communications 1935, Norwalk (United States), Acquired | Provider of phone, wi-fi, hotspot, and fiber optic internet services | - | 71/100 | |
25th | Brightspeed 2008, Charlotte (United States), Late Stage | Provider of internet, telephone, and television services for residential & business sectors | $500M | 58/100 |
Looking for more details on Brightspeed's competitors? Click here to see the top ones
Brightspeed's Investments and acquisitions
Brightspeed has acquired 3 companies including Embarq, Embarq and Embarq. Brightspeed has not made any investments as of now.Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 16, 2022 | Acquisition | 2006 | Monroe (United States) | |
Jul 01, 2009 | Acquisition | 2006 | Monroe (United States) | |
Jan 29, 2009 | Acquisition | 2006 | Monroe (United States) |
News related to Brightspeed
Media has covered Brightspeed for a total of 20 events in the last 1 year, 12 of them have been about company updates.
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Brightspeed Advances Alabama Fiber Expansion, Network Build Crosses Major MilestonePR Newswire•Apr 28, 2026•Brightspeed
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Brightspeed Launches EasyMove, a Seamless, Loyalty-First Internet MovePR Newswire•Apr 09, 2026•Brightspeed
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High-Speed Internet Access Coming in 2026 to 5,161 Rural North CaroliniansGreater Fayetteville Business Journal•Mar 25, 2026•Brightspeed
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Brightspeed Accelerates Fiber Network Build in Arkansas, Now 50% CompletePR Newswire•Jan 20, 2026•Brightspeed
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Brightspeed Wins $528M+ in BEAD Program for Fiber Network ExpansionPR Newswire•Oct 03, 2025•Brightspeed
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