Apple | Mobile |
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Business Dev & Design Entertainment | Social Media Tech Web Video |
Apple | Mobile |
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Business Dev & Design Entertainment | Social Media Tech Web Video |
Provides broadband connectivity on a fiber optic date network.
Year Established: | |
Funding: | |
Address: | Tower Cloud, Inc. |
Telephone: | 2147483647 |
Mobile: | |
Fax: | |
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Company URL: | http://www.towercloud.com |
CAREERS
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Tower Cloud Raises $20 million in Preferred Equity Funding to Expand Fast Growing Wireless Backhaul Services
St. Petersburg, FL â October 19, 2009 â Tower Cloud, Inc., a provider of backhaul services to wireless carriers, announced today it closed a $20 million equity round to fund expansion into Atlanta, GA and other growth opportunities. read more...
Ballast Point Venture Partners,El Dorado Ventures,Kinetic Ventures LLC,Noro-Moseley Partners,Sutter Hill Ventures,Undisclosed Firm
Wireless backhaul is Tower Cloud’s only business. The Tower Cloud leadership team is highly specialized in the wireless and backhaul industry and is dedicated to solving the network bottlenecks delaying the deployment of new 4G wireless services. With more than 125 years of combined industry experience Tower Cloud’s management team has already reached key milestones, including the successful launch of its Miami, Orlando and Atlanta networks. With its recent infusion of $20 million in preferred equity funding and its deep relationships with national wireless carriers, Tower Cloud is poised for exceptional growth.
Ronald J. Mudry Chairman, CEO and President
As CEO, chairman and president of Tower Cloud, Ronald (Ron) Mudry brings 27 years of experience in the telecommunications industry to the company. Ron was founding CEO of Progress Telecom (formed in 1998) where he created an industry-leading provider of fiber and backhaul services and led the negotiated sale of Progress Telecom to Level 3 Communications. Prior to his tenure with Progress Telecom, Ron spent 15 years with GTE Corporation (now Verizon) where he held key management positions in finance, sales and marketing, international operations, treasury, strategic planning, and mergers and acquisitions.
Ron has served as chairman of the CEO Council of COMPTEL (the leading industry association representing communications service providers and their supplier partners) and has been a speaker at a number of regional and national industry events. Ron earned an M.B.A. from the University of Tampa and a bachelor’s degree in finance from the University of Michigan.
Thomas W. Guard Chief Financial Officer
Thomas (Tom) Guard brings deep industry experience and leadership to Tower Cloud. With more than 20 years in corporate finance, mergers and acquisitions, and accounting, Tom leads Tower Cloud’s corporate finance and planning functions.
Before joining Tower Cloud, Tom served as senior vice president and treasurer of Global Signal where he was a member of the executive team that turned Global Signal from bankruptcy into one of the largest publicly traded wireless tower companies in North America.
Tom has significant experience in raising capital, including Global Signal’s IPO that successfully raised $145 million, and was one of the financial executives that negotiated and closed over $2.5 billion in debt transactions. Before joining Global Signal, Tom was vice president of finance at TMP Worldwide, a publicly traded international human capital management firm and then parent company of Monster.com. Tom began his career with Price Waterhouse as an auditor.
Tom is a Certified Public Accountant and earned an M.B.A. from the University of Florida and a bachelor’s degree in business administration and accounting from the University of Missouri.
George N. Townsend Vice President Operations and Business Development
George Townsend’s strength is creating deep relationships with wireless carries and other partners for Tower Cloud. With over 30 years experience in the telecommunications and utility industries, the success of George’s savvy and authentic approach is proven by the company’s tier one customer list and extensive partner base.
Prior to Tower Cloud, George served as vice president and general manager for Progress Telecom’s wireless division, a group he founded in 1995. Under George’s leadership, the business was highly profitable with strong revenue growth and a portfolio of over 400 cell sites. George negotiated master tower land lease agreements and MSA’s with four tier one wireless carriers and three regional wireless carriers. Before joining Progress Telecom, George’s 25-year history with Florida Power Corporation afforded him diverse experience in business development, finance and real estate.
George earned his bachelor's of arts in business administration from the University of South Florida.
Patricia T. Morrison Vice President, Finance and Controller
Patricia (Tricia) Morrison brings more than 30 years of experience in financial administration to Tower Cloud, including broad expertise in compliance, financial planning and strategy.
Tricia served as vice president of finance for Progress Telecom before joining the Tower Cloud team. In this role, she was responsible for all financial functions of the business including financial reporting, long-range planning, budgeting, cash management, procurement, taxation and regulatory compliance. Tricia led a number of successful business initiatives including a multi-million dollar renegotiation of property taxes, and led the financial integration process when Progress Telecom’s business was acquired by Level 3. Tricia’s experience includes an 18-year career with Florida Progress, a $10 billion diversified electric utility acquired by Progress Energy in 2000. Tricia has also worked with public accounting firms that provided a range of financial services to small and medium-sized businesses.
A Certified Public Accountant and Certified Internal Auditor, Tricia earned a bachelor’s degree in accounting from the University of South Alabama and an M.B.A. from Florida Institute of Technology.
James H. Fluhart, Jr. Director Business Development
James (Jim) Fluhart joined Tower Cloud in 2010 as director business development with more than 25 years in the telecommunications industry, including senior management positions in professional services, sales and product management.
Prior to joining Tower Cloud, Jim was vice president of business and corporate development for EF&I Services, a multimillion dollar private network engineering and implementation services firm. His career also includes executive general manager for Lucent/Avaya’s $250 million, 1200 consultant CRM professional services division. Jim founded the Advanced Internetworking Solutions and Security Practice at Telcordia Technologies capturing groundbreaking IP VPN architecture and design engagements for the U.S. automobile industry, the international banking industry and the World Intellectual Property Organization. Prior to joining Telcordia Technologies, Jim spent 15 years with GTE/Verizon where he founded a fiber optic communication systems division and managed sales and customer services for GTE Network Switching and Transmission services businesses. Jim has guided the successful acquisition and integration of six companies by his firms.
Jim graduated with honors from Florida State University with a bachelor’s of science in finance and international business and attended the GTE Advanced Management Program taught by the faculty of the Harvard Business School and MIT Sloan School of Management.
John Mogg Director Implementation, Operations and Field Services