FundedIQ
Hardware

Vero Networks: Funding, Investors & Team (Sep 2026)

Vero Fiber Networks is an optic network company that provides essential bandwidth infrastructure to schools and libraries by connecting district locations with fiber optic cable that provides reliable, scalable, and secure connectivity. Vero's core services include wide area networks, internet access circuits, dark fiber, lit fiber, and private fiber networks. The company operates a diverse portfolio of businesses, allowing it to leverage fiber assets across multiple industries and customer segments. Vero operates under various brand names, including Vero Networks, Vero Fiber Networks, Vero Broadband, Clearnetworx, Deeply Digital, Fast Track Communications, and Glass Roots Construction.

web.veronetworks.com LinkedIn Boulder, United States 101-250 employees
Total raised
$1.2B
Rounds
3
Latest
Undisclosed round
Apr 2026

Vero Networks has raised $1.2B across 3 funding rounds on record, the most recent an undisclosed round of $425M announced in Apr 2026.

That round is above the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.

Vero Networks Company Profile and Key Stats

Total funding raised
$1.2B
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Undisclosed round
$425M in Apr 2026
Employees
101-250
reported band
Headquarters
Boulder, United States

Latest funding round on record: Apr 2026.

Vero Networks Funding Rounds

Date
Round
Amount
Undisclosed round
$425M
Undisclosed round
$500M
Undisclosed round
$240M

Vero Networks raised $240M in an undisclosed round announced in Feb 2025.

1 years later, an undisclosed round of $500M was announced in Feb 2026.

2 months later, an undisclosed round of $425M was announced in Apr 2026.

Vero Networks Founders and Leadership Team

Name
Role
Contact
Greg Friedman
Founder
Locked
Matt Erickson
Founder
Locked

Contact details for the Vero Networks team: 2 of 2 have an email address on file.

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Vero Networks Funding Compared to Other Hardware Startups

Segment
Companies
Median round
1,454
$10M
29,722
$7.5M

Vero Networks' latest round of $425M is above the median round in Hardware. Medians cover the last 24 months of disclosed rounds.

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Vero Networks Funding FAQs

What does Vero Networks do?

Vero Fiber Networks is an optic network company that provides essential bandwidth infrastructure to schools and libraries by connecting district locations with fiber optic cable that provides reliable, scalable, and secure connectivity. Vero's core services include wide area networks, internet access circuits, dark fiber, lit fiber, and private fiber networks. The company operates a diverse portfolio of businesses, allowing it to leverage fiber assets across multiple industries and customer segments. Vero operates under various brand names, including Vero Networks, Vero Fiber Networks, Vero Broadband, Clearnetworx, Deeply Digital, Fast Track Communications, and Glass Roots Construction.

How much funding has Vero Networks raised?

Vero Networks has raised $1.2B across 3 rounds on record. The most recent is an undisclosed round of $425M announced in Apr 2026.

When did Vero Networks last raise funding?

Vero Networks' most recent funding round on record is an undisclosed round of $425M, announced in Apr 2026.

Who founded Vero Networks?

FundedIQ lists Greg Friedman (Founder), Matt Erickson (Founder) at Vero Networks.

Where is Vero Networks headquartered?

Vero Networks is based in Boulder, Colorado, United States.

How many employees does Vero Networks have?

Vero Networks is in the 101-250 employee band.

How does Vero Networks' funding compare to other Hardware startups?

Vero Networks' latest round of $425M is above the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.

About FundedIQ's Vero Networks Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Vero Networks is left off this page rather than filled in.

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