OverviewSuggest Edit

Hyperoptic works with freeholders, developers, property managers and residents to bring its award-winning services to residential and business developments, delivering a future-proof connection that increases the attractiveness and value of each property. It is already powering premises in seven UK cities and aims to have its next generation superfast fibre available to over half a million homes in the next five years. Founded in 2011, Hyperoptic received a £50m investment in May 2013 from Quantum Strategic Partners Ltd, a private investment vehicle managed by Soros Fund Management LLC. The company was named ‘Best Superfast Broadband’ provider and “Best Use of Digital’ at the 2014 Internet Service Providers’ Association Awards, “Most Innovative Provider 2013” by Broadband Genie and “Best Urban Network Enterprise” at the NextGen 12 Challenge Awards.
TypePrivate
Founded2010
HQLondon, GB
Websitehyperoptic.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Sep 2019)669
Revenue (FY, 2017)£16.6 M(+89%)

Key People/Management at Hyperoptic

Dana Tobak

Dana Tobak

CEO & Md
Tom Williams

Tom Williams

COO
Floyd Widener

Floyd Widener

CSO
Steve Holford

Steve Holford

CCO
Ben Bresler

Ben Bresler

CFO
David Walker

David Walker

Sales Director, Property
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Hyperoptic Office Locations

Hyperoptic has an office in London
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Hyperoptic Financials and Metrics

Summary Metrics

Founding Date

2010

Hyperoptic total Funding

$75.8 m

Hyperoptic latest funding size

$27.69 m

Time since last funding

3 years ago

Hyperoptic investors

Hyperoptic's latest funding round in July 2016 was reported to be $27.7 m. In total, Hyperoptic has raised $75.8 m
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Hyperoptic Revenue

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Hyperoptic's revenue was reported to be £16.57 m in FY, 2017
GBP

Revenue (FY, 2017)

16.6m

Gross profit (FY, 2017)

11.2m

Gross profit margin (FY, 2017), %

67.9%

Net income (FY, 2017)

(8.1m)

EBITDA (FY, 2017)

2.1m

EBIT (FY, 2017)

(3.2m)

Cash (31-Dec-2017)

7.0m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

532.0k1.6m4.1m8.8m16.6m

Revenue growth, %

166%

Cost of goods sold

540.2k757.3k2.5m3.7m5.3m

Gross profit

(8.2k)801.2k1.7m5.1m11.2m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

256.8k1.9m11.3m15.7m11.7m1.3m7.0m

Accounts Receivable

97.8k260.5k102.2k130.2k769.0k1.6m2.5m

Inventories

8.6k96.6k592.6k853.8k288.0k656.0k1.5m

Current Assets

363.3k2.3m12.6m17.5m14.2m6.6m12.6m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(5.3m)(10.0m)(12.2m)(10.2m)(8.1m)
GBPY, 2017

Revenue/Employee

69.8k

Financial Leverage

-4.9 x
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Hyperoptic Online and Social Media Presence

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Hyperoptic News and Updates

Broadband firm Hyperoptic to create 1500 UK jobs with £250m investment

Broadband provider Hyperoptic has raised £250m in funding and revealed plans to create 1,500 jobs. The company will use the nine-figure boost, secured from a group of eight international banks, to roll out its full fibre optic network to 50 UK towns and cities by 2019. According to Hyperoptic, the d…

Broadband challenger Hyperoptic raises £250m from eight top banks

Gigabit broadband provider Hyperoptic today announced a debt raise of £250m from eight leading international banks, aimed at powering its full fibre optic network across the UK. The round was led by ING and BNP Paribas, with RBS, Societe Generale, RBC, HSH, NIBC and Barclays also participating. …

Southwark Council, Hyperoptic to deliver full-fibre broadband access

Southwark Council is the next area to get full-fibre broadband, as the UK Government's hopes to reach the entire country come true. The post Southwark Council, Hyperoptic to deliver full-fibre broadband access appeared first on Computer Business Review.

Cains Brewery Village becomes a Giga-Village

Cains Brewery Village - home to popular destinations such as Baltic Market, Peaky Blinders Bar and Ghetto Golf - has announced it is now offering the fastest internet speed in Liverpool. Posted via Industry Today. Follow us on Twitter @IndustryToday

At 20m metres of full fibre cable, Dana Tobak is just getting started

A lack of competition within any given market invariably breeds complacency, stagnation, and a disincentive to innovate. BT’s Openreach is archetypal. Though now legally divested from BT, Openreach, still part of BT Plc, owns and controls the majority of the UK’s broadband infrastructure – its ca…

Hyperoptic Frequently Asked Questions

  • When was Hyperoptic founded?

    Hyperoptic was founded in 2010.

  • Who are Hyperoptic key executives?

    Hyperoptic's key executives are Dana Tobak, Tom Williams and Floyd Widener.

  • How many employees does Hyperoptic have?

    Hyperoptic has 669 employees.

  • What is Hyperoptic revenue?

    Latest Hyperoptic annual revenue is £16.6 m.

  • What is Hyperoptic revenue per employee?

    Latest Hyperoptic revenue per employee is £24.8 k.

  • Who are Hyperoptic competitors?

    Competitors of Hyperoptic include BT Group, Point Broadband and Shenandoah Telecommunications.

  • Where are Hyperoptic offices?

    Hyperoptic has an office in London.

  • How many offices does Hyperoptic have?

    Hyperoptic has 1 office.