Netomnia has successfully completed the additional fundraise in its accordion facility, welcoming three new lenders: Barclays, Alpha Bank and Nord/LB, with support from its incumbent lenders.
Netomnia has now passed 850,000 premises, with YouFibre taking on 80,000 customers.
Supported by Advencap, DigitalBridge and Soho Square, Netomnia and YouFibre have raised £795.5 million in just three years.
Jeremy Chelot, CEO at Netomnia and YouFibre, said, "We are very pleased to welcome three new lenders to Netomnia and YouFibre with support from our existing lenders. This backing demonstrates the strength of Netomnia’s deployment plans in the market and we’re delighted they have chosen to support the continued acceleration of our businesses.
"Our success is a testament to the dedication and hard work of our team, as well as the unwavering support of our investors and partners. With this latest round of funding, we are well-positioned to accelerate our network deployment efforts and continue delivering best-in-class internet services and customer experience."