IAC-backed internet service provider Starry has raised $100m in funding, nearly double its target for the round.

Starry, a US-based internet service provider backed by media and internet group IAC, has closed a $100m funding round, the Boston Globe reported on Thursday.

The investors have not been identified. Starry raised the first $31m in December 2017 when a regulatory filing indicated the company was seeking a $55m final close.

Founded in 2014, Starry has developed high-frequency radio technology that can deliver high-speed broadband at up to 200 megabits per second.

The company uses the system to…