A recent investment to expand services in Arlington, which NOVOS FiBER said will total to more than $20 million in a recent announcement, will bring fiber-to-the-home to residents and is supported by capital from InLight Capital, a private investment firm based in Sugar Land, Texas.

Andrew Snead, the founder and CEO of NOVOS FiBER, said the investment plays into the company’s objective of addressing the digital divide.

He said that despite the growing amount of private and public funding earmarked for infrastructure investment, a significant proportion of households and small businesses remain underserved in the United States.

“We aim to help change that,” he said. “We have great support from our investors and an exciting plan which we’re executing against.”

The planned build project in Arlington, which is expected to begin fiber-to-the-home deployment in the coming weeks and months, will involve multiple cities in the Dallas-Fort Worth area, Snead said.

“We’re delighted to be working with the city of Arlington to bring high-speed fiber internet to residents and small businesses,” he said in comments provided to Broadband Communities by NOVOS FiBER. “Our team has been building in the city for a few months and we’re greatly encouraged by the progress we’re making.”

The Nov. 16 announcement said NOVOS FiBER and InLight Capital hope to increase their investment into the Dallas-Fort Worth area in the near future as NOVOS FiBER builds out “wholesale and open access services.”

Sutton Fannon, the head of private investments at InLight Capital, said his firm is excited about their partnership with NOVOS FiBER, which was founded only last year.

“We believe there is a significant unmet need across many U.S. communities,” he said. “Economic growth and broader societal wellbeing are positively correlated with high-speed internet, and we plan to play a role in fulfilling the need by deploying fiber infrastructure through our investment in NOVOS (FiBER).”

Reach Brad Randall at brad.randall@totaltele.com.