Crown Castle-backed Vapor IO raises $90M for nationwide edge rollout

Last week, Vapor IO announced an additional investment by Crown Castle and private equity firm Berkshire Partners, bringing its aggregate Series C funding to $90 million and providing the means to accelerate its Kinetic Edge buildout. The company now says it has the funds to build out its platform in 36 markets by 2021." Vapor IO has the advantage of having Crown Castle as an investor and partner, but it is not beholden to Crown Castle. Crown has a lot of fiber and land, but in areas where it does not, Vapor can use other partners," said Matt Trifiro, chief marketing officer at Vapor IO.

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