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Digital Alpha Fuels Major Fiber Infrastructure Expansion in North Texas with Strategic Investment in Sprocket Networks


News provided by

SPROCKET NETWORKS

Sep 16, 2025, 09:33 ET

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Partnership will accelerate the development of a regional high-capacity backbone, creating a platform for economic growth and next-generation connectivity.

DALLAS and FORT WORTH, Texas, Sept. 16, 2025 /PRNewswire/ -- Digital Alpha, an investment firm specializing in mission-critical digital infrastructure, today announced a significant strategic investment in Sprocket Networks, LLC, a premier provider of fiber infrastructure. The infusion of capital is earmarked for a large-scale expansion of Sprocket's fiber network, creating a robust, high-performance digital backbone designed to serve the rapidly growing demands of the entire North Texas region.

This investment addresses the critical need for foundational digital infrastructure capable of supporting the area's thriving technology sector, including data centers, cloud service providers, and advanced enterprises that depend on reliable, scalable connectivity. By building a new layer of mission-critical fiber, the partnership will strengthen the region's position as a leading hub for digital innovation and commerce.

The partnership's initial focus will be the Fort Worth Fiber Project which is an approximately 300-mile fiber backbone that is already under construction with a significant anchor tenant already in place.  The network will provide multi-terabit capacity to support next-generation services for residential, commercial and government services and applications throughout the city of Fort Worth, Texas. 

Beyond this initial anchor project, the expanded network is designed to be a catalyst for widespread digital innovation across North Texas. It will provide essential infrastructure for fiber-to-the-home (FTTH) providers to accelerate countywide broadband expansion, enable the widespread deployment of technologies such as fixed and mobile wireless services, and support a host of smart city applications.

"These foundational networks are the highways of the digital economy, and this investment will give North Texas a significant competitive advantage," said Rick Shrotri, Founder and Managing Partner of Digital Alpha. "These infrastructure developments are essential for community connectivity and resilience. Together with Sprocket, we are delivering an outcome-based solution that seeks to advance connectivity and support local innovation on a regional scale."

"With Digital Alpha's strong support, we are building the high-capacity, reliable infrastructure that the future of North Texas will be built upon," said Will Gibson, CEO of Sprocket Networks.

"This isn't just about connecting buildings - it's about creating a platform for innovation that will serve the residents and businesses of North Texas for decades to come."

As a Digital Alpha portfolio company, Sprocket Networks will leverage the firm's ecosystem and technology partnerships - including its strategic collaboration with Cisco - to accelerate deployment and enhance the network's long-term capabilities.

Advisors

Layer 7 Capital acted as Sprocket's exclusive financial advisor. Sprocket was represented by Munsch Hardt Kopf & Harr, P.C..

About Sprocket Networks, LLC

Sprocket Networks builds high-performance fiber solutions across North Texas. With a vision grounded in public-private collaboration, Sprocket delivers infrastructure that enables the region's digital future.

About Digital Alpha 

Digital Alpha Advisors, LLC is an investment firm focused on digital infrastructure, partnering with industry leaders to scale platforms that enable the next generation of connectivity, AI cloud, and cybersecurity solutions. Digital Alpha has a strategic collaboration agreement with Cisco Systems, Inc. and works closely with other leading technology firms to accelerate the deployment of digital infrastructure.

PRESS CONTACT: Tim Schliewe, [email protected]

SOURCE SPROCKET NETWORKS

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