DigitalBridge Adds $23 Million

DigitalBridge Communications Corp., an Ashburn, Va.-based provider of broadband service to underserved communities, has raised around $23 million in Series B funding, according to a regulatory filing. Paladin Capital was joined by return backers like RedShift Ventures, CNF Investments and Novak Biddle Venture Partner. The company had previously raised $11 million in Series A funding and $6.25 million in venture debt.