WORCESTER, Mass.-Optasite Inc., a wireless services firm that provides acquisition, cell site construction, testing and maintenance services, said it has received $10 million in financing.
The company plans to use the new capital to develop and acquire wireless tower assets, initially in the Northeast and Mid-Atlantic regions. The financing round was co-led by Columbia Capital Partners, Highland Capital Partners and Centennial Ventures.
“We believe that the market dynamics here in the Northeast, and in many other areas of the country, are ideal for an energetic, disciplined company to thrive and become a new meaningful player in the tower sector,” said Jim Eisenstein, Optasite’s chairman and chief executive officer.