November 18, 2016
Co-founder, CTO, Rocket Fiber LLC
Rocket Fiber was founded in 2014 by CEO Marc Hudson, COO Edi Demaj and Foster, all former employees of the Dan Gilbert-owned Rock Ventures Family of Cos. Gilbert launched the company with an initial investment of $30 million to first provide high-speed Internet to downtown businesses and residents and then to provide it to city schools and institutions and eventually to city and suburban residents. Foster, 36, has more than 10 years of experience in network engineering and management. Previous to launching Rocket Fiber, which now employs 50, he was a consultant for Detroit-based Urban Science and then a software engineer at Quicken Loans Inc. Last November, Rocket Fiber began providing ultrafast fiber-optic service to 19 office buildings and two apartment buildings downtown and subsequently rolled it out to Midtown. Speeds are up to 1,000 times faster than current average internet speeds.