![]() ![]() ![]() ![]() Led by LGBT+ entrepreneurs and co-founders Rob Curtis (CEO), Billie Simmons (COO) and Paul Barnes Hoggett (CTO), Daylight offers a holistic set of financial products, tools and advice to help the LGBT+ community simplify banking. specifically designed for the LGBT+ community by the LGBT+ community. Daylight is a New York, NY-based company and the first and only digital banking platform in the U.S.We’re thrilled to have Citi on board, both because of their history supporting innovative education and for their partnership in promoting equity issues more widely. “Individuals come to us to get in the doors of employers, and employers come to us as a solution for attracting, retaining, and upskilling their frontline workforce by providing digital skills & promising career pathways to historically high-turnover, dead-end jobs. who are looking to transition to economically stable and personally fulfilling careers but have hit a dead end by offering a fast, flexible, and guided educational experience providing a direct path into higher skill roles,” said Eleanor Cooper, Co-Founder, CEO, Pathstream. “Our mission is to help the millions of working adults in the U.S. We’re excited to work with Citi, who has been a critical partner in this vision and is powering us to not only deploy but also educate residents about the benefits and most productive ways to use their fiber connection.” “Flume is working to bridge this digital divide by bringing premium fiber services to overlooked locations in major cities. in both urban and rural settings,” said Prashanth Vijay, Co-founder and CEO, Flume Internet. lags far behind in both competitive options and fiber penetration compared to many other countries, and the events of the last 18 months have really highlighted how this disproportionately affects lower income communities across the U.S. “From addressing lack of internet access to reducing the burden of medical care, these companies are rethinking what’s possible, and we are proud to deploy our balance sheet in support of true ‘double bottom-line’ companies.” “The portfolio of the Citi Impact Fund keeps growing as we continue to find inspiring companies that are taking on solutions for the physical, financial and social infrastructure challenges that our communities are facing,” said Ed Skyler, Head of Global Public Affairs at Citi. The Citi Impact Fund’s Black Entrepreneurs Investment Initiative – a $50 million capital commitment from Citi to reduce the wealth gap by creating equitable access to venture capital funding for Black founders – has made nine early-stage equity investments in tech-enabled ventures led by Black founders. To date, this brings the Impact Fund’s total number of investments to 23 companies – more than half of which are founded by women and/or minorities. The new companies included in this round Daylight, Flume, Jetty, Lacuna, Pathstream, Recycle Track Systems, and Stackshare. ![]() As of 2013, the program is its infancy but making large waves in the broadband industry for its promise of mega high-speed Internet to a variety of household units.NEW YORK-( BUSINESS WIRE)-Citi announced today its next round of investments through the Citi Impact Fund, a $200 million fund launched last year to invest in companies that are addressing some of the biggest societal challenges, including workforce development, financial capability, physical and social infrastructure, sustainability, and access to capital and economic opportunity. Google Fiber is a good example of new fiber cables that are directly run to customers. Other specific variations of "Fiber To The X" reference whether a cable runs to a specific work/entertainment space or a particular housing unit on a multi-home property. Alternately, delivery methods like FTTP bring a fiber cable to an individual property and a specific user or household.Īnother variation of FTTP include "Fiber To The Home" (FTTH), which creates a link between a single customer and is implemented through a single fiber cable and. Delivery methods, such as "Fiber To The Node" (FTTN), only bring a fiber connection to a shared node in a public space. Techopedia Explains Fiber To The PremisesĬertain fiber deliveries in the "Fiber To The X" category only bring a fiber connection to a more general destination. This fiber optic communication delivery style is conducted through the use of an optical distribution network that links the central office to the premises occupied by the subscriber(s). FTTP runs at a much faster speed than a coaxial cable Internet or dial-up connection. ![]()
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