When was Wave Broadband founded?

Wave Broadband was founded in 2003 and raised its 1st funding round 9 years after it was founded.

Where is Wave Broadband located?

Wave Broadband is headquartered in Kirkland, United States.

Who is the current CEO of Wave Broadband?

Steve Weed of Wave Broadband. They have also founded 1 company.

How many employees does Wave Broadband have?

As of May 31, 2026, the latest employee count at Wave Broadband is 436.

Is Wave Broadband a funded company?

Wave Broadband is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Nov 14, 2012.

When was the latest funding round of Wave Broadband?

Wave Broadband's latest funding was a $***** Conventional Debt round on Sep 14, 2016, with participation from 0 investor.

Where does Wave Broadband rank among its competitors?

Wave Broadband ranks 140th amongst 4875 active competitors, of which 121 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Rogers, which secured $5.1B in Jun, 2025.

Who are the top competitors of Wave Broadband?

Wave Broadband's top competitors include ACT, KPN and Century Link. Among them, Rogers secured the most recent funding round in June, 2025.

Wave Broadband - 2026 Company Profile, Team, Funding & Competitors

Q: Is Wave Broadband an acquired company?

Wave Broadband got acquired by Astound on May 22, 2017.

Wave Broadband is an acquired company based in Kirkland (United States), founded in 2003 by Steve Weed. It operates as a Fiber Optic Broadband Services. Wave Broadband has raised an undisclosed amount in funding. The company has 4875 active competitors, including 121 funded and 768 that have exited. Its top competitors include companies like ACT, KPN and Century Link.

Company Details

Wave Broadband provides cable TV, Internet and phone services. Delivers redundant fiber rings for local governments, Fortune 100 companies, with major fiber hubs in West Coast markets. Two retail brand names Wave Broadband in the Seattle, Portland and Sacramento, and Astound in the San Francisco. Recognized by CableFAX Magazine with the Independent Cable Operator of the Year award and PC Magazine’s 2012 list of Top 10 Fastest ISPs in the nation. Has around 400,000 customers

Website: wavebroadband.com
Part Of

Key Metrics

Founded Year

2003

Location

Kirkland, United States

Stage

Acquired

Latest Funding Round

Conventional Debt, Sep 14, 2016, $*****

Investors

RBC Capital Markets & 3 more

Ranked

140^th among 4875 active competitors

Employee Count

436 as on May 31, 2026

Investment & Acquisitions

Digital West Networks & 10 more

Similar Companies

KPN & 3369 more

Exit Details

Acquired by Astound (May 22, 2017)

View Wave Broadband's full profile

Wave Broadband got acquired by Astound on May 22, 2017 at an acquisition amount of $*****.

Click here to take a look at Wave Broadband's acquisition in detail

Wave Broadband has raised funding over 5 rounds. Its first funding round was on Nov 14, 2012. Wave Broadband has 4 institutional investors.

Here is the list of recent funding rounds of Wave Broadband:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 14, 2016	1532658	Conventional Debt	8447289	6483027	4365427	1649467
May 21, 2015	3538750	Conventional Debt	6257151	1917050	5787482	Deutsche Bank & 3 more
Apr 2015	8869195	Conventional Debt	2621174	1270525	7954090	9356352

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View details of Wave Broadband's funding rounds and investors

The founders of Wave Broadband is Steve Weed. Steve Weed is the CEO of Wave Broadband.

Here are the details of Wave Broadband's key team members:

Steve Weed: Founder & CEO of Wave Broadband.

View details of Wave Broadband's Founder profiles and Board Members

Wave Broadband's employee count trend

Wave Broadband has 436 employees as of May 26. Here is Wave Broadband's employee count trend over the years:

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Top competitors of Wave Broadband include ACT, KPN and Century Link. Here is the list of Top 10 competitors of Wave Broadband, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ACT 2000, Bengaluru (India), Acquired	Provider of fibre optic broadband, WiFi network, and television services	$2.83M	CPP Investments, Adithya Constructions & 17 others	75/100
2nd	KPN 1989, Rotterdam (Netherlands), Acquired	Provider of mobile and fixed line telecommunication services	-	27th Street Capital, Triodos Investment Management ... & 9 others	75/100
3rd	Century Link 1930, Monroe (United States), Public	Provider of residential and business communication services, including internet, TV, and phone	$20M	Temasek, Welsh, Carson, Anderson & Stowe & 3 others	72/100
4th	Rogers 1935, Toronto (Canada), Public	Provider of wifi and fiber optic services	$1M	Blackstone, Social Capital & 7 others	72/100
5th	Orange Polska 1991, Warsaw (Poland), Public	Provider of telephony, internet, and data transmission services	$2.46B	Orange, Kulczyk Investments & 1 others	71/100
6th	Ciena 1992, Hanover (United States), Public	Provider of networking systems, automation software, components, and related services	-	Western Technology Investment, Worldview Technology Partners ... & 13 others	71/100
7th	Bezeq 1984, Tel Aviv (Israel), Acquired	Telecom services provider in Israel	-	Elliott Management, Apax & 3 others	70/100
8th	Hathway Cable & Datacom 1959, Mumbai (India), Acquired	Provider of internet services	-	Goldman Sachs, Steadview & 5 others	70/100
9th	Cogeco 1956, Montreal (Canada), Public	Fiber-optic internet, TV, and fixed-line telephone services provider	-	IAM Group, Prime Minister & 3 others	68/100
10th	Hyperoptic 2010, London (United Kingdom), Acquired	Provider of full fibre optic broadband services	$75.5M	RBS Group, Royal Bank of Canada & 12 others	68/100
140th	Wave Broadband 2003, Kirkland (United States), Acquired	Fiber Optic Broadband Services	-	RBC Capital Markets, Wells Fargo & 2 others	50/100

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Wave Broadband has not made any investments yet. Wave Broadband has made 11 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 26, 2021	Acquisition	Digital West Networks	1999	San Luis Obispo (United States)
Feb 21, 2020	Acquisition	EnTouch Systems	1996	Houston (United States)
Apr 06, 2017	Acquisition	Cascadelink	2002	Seattle (United States)