Diligence memo · auto-generated · as of July 2, 2026
Spread Networks, LLC
Spread Networks, LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Spread Networks, LLC operates in Telecommunications, based in RIDGELAND.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Spread Networks, LLC has raised $75M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $75M on 2009-05-26.
Most recent recorded round closed around 2009-05-26.
Valuation (modeled)modeled
Provath models Spread Networks, LLC at approximately $1.5B (range $281M–$3.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.37× the median modeled value of Series C Telecommunications companies in 2007–2009 (6 peers) — value vs value, same stage and era. Within the normal band (137% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 17.1 yr ago; this sector typically re-raises about every 10 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 91% of Telecommunications peers (929 compared).
Modeled value ranks above 95% of those peers.
Closest niche peers: Commscope Inc, Conterra Ultra Broadband Holdings INC, Calix Networks Inc, Public Mobile Holdings Inc, Ibiquity Digital Corp.
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.