2014

CrowdFiber Web App Launches, Bringing Power of Crowdfunding to Broadband Industry and Encouraging the Creation of Sustainable Gigabit Communities

ROME, Ga., June 18, 2013 /PRNewswire/ -- Civitium, LLC announced today the public beta release of CrowdFiber, a crowdfunding application built to bring together all of the stakeholders in broadband delivery and consumption in the creation of sustainable gigabit communities. The application is now online at Crowdfiber.com.

(Photo: http://photos.prnewswire.com/prnh/20130618/PH33591LOGO

"It's vitally important for service providers to have better tools to aggregate the growing demand for advanced broadband services, and communities need better tools to attract or justify infrastructure investments," said Co-founder Greg Richardson. "We built CrowdFiber to help people creatively address these challenges."

CrowdFiber launches with five active campaigns: Baltimore, Maryland; Lawrence, Kansas; Baldwin City, Kansas; Clarkesville, Georgia; and Rome, Georgia. These campaigns are run by a variety of service providers and community groups and begin to embody the diversity of campaigns that can be explored with the tool.

CrowdFiber was created by Civitium, LLC, and is a planning and engineering firm that has worked for more than a decade to develop strategies and engineer networks with service providers and communities around the world. Civitium partners and CrowdFiber co-founders Greg Richardson and Bailey White often saw a disconnect between the economic development goals of communities and the return-on-investment needs of broadband service providers. They created CrowdFiber to bridge that gap and facilitate new levels of collaboration.

Using the online tool, service providers can create and manage "edge-out" and "in-fill" campaigns to aggregate demand in areas near their existing infrastructure. They can leverage social networks and build community support. They can then prioritize investments to expand or upgrade their networks in areas where demand is the highest, thereby reducing risk while building community support.

Alternatively, service providers, community organizations, local governments and even citizens can start a new "greenfield" campaign. A greenfield campaign allows campaign owners to draw geographic neighborhoods, called zones, on a map, set goals for either an amount of money needed or number of backers, define pledge levels, raise funds and aggregate demand.

"We're extremely grateful to Habersham EMC and Parker FiberNet, our private beta customers who've been using CrowdFiber to extend the reach of their middle-mile fiber networks and brought their experience to bear on the creation of the product," said White, "And we're tremendously excited to see what Baltimore, Baldwin City, Lawrence, and the rest of the country will do with our product."

About CrowdFiber

Based in Rome, Georgia, CrowdFiber is a leading provider of web-based tools for crowdfunding broadband projects, aggregating subscriber demand and helping communities organize their resources to attract or justify investment. CrowdFiber was founded by broadband industry veterans from Civitium, a planning and engineering firm with a decade of experience leading broadband projects in the Americas, Europe, the Middle East, Africa, and Asia-Pacific.

Press Resources (Images & Graphics): http://hub.am/1alXeKB

CONTACT: Greg Richardson
Email | 706.553.1108

This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com

SOURCE Civitium, LLC




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