Arcadian Infracom Raises Another Round, Accelerates Buildout Plans

A few days after achieving CLEC certification in Arizona, Arcadian Infrastructure has raised more of the cash it needs to start doing something with it. They have raised $1.45m in a new round of funding led by a group of senior executives in the industry.

Arcadian’s plans are for a longhaul fiber backbone built along newly diverse routes connecting up much of the US southwest. Phase 1 will connect Phoenix with Denver and Salt Lake City by going through and offering connectivity to the territory of the Navajo Nation. It’s a 1,300 mile project that will require some 23 colo/regen locations.  Phase 2 targets the fiber-poor I-40 corridor to connect Los Angeles and Dallas via Flagstaff, Abuquerque, and Lubbock.  The project will offer both connectivity to underserved regions and the diversity that they hyperscale cloud community craves these days.

The new funds will help pay for the expansion of their team and internal infrastructure in advance of the actual construction, and for further development of other routes and projects as well. Construction on phase 1 is anticipated to begin in or around Q2 of 2021, assuming the engineering surveys and such go as expected.  That will involve additional funding I am sure, and until the shovel breaks ground you can never be sure, but it’s looking as if this independent longhaul fiber project will in fact get off the ground.

Joining Arcadian’s Advisory board is industry veteran and former CenturyLink President and COO Karen Puckett.  We had Arcadian CEO Dan Davis on here for an Industry Spotlight just over one year ago where he discussed the origins of the project.    

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Categories: Fiber Networks · Financials