CIT and TD Securities led a $325 million debt investment for Mobilitie, a privately-held wireless infrastructure provider.

The investment will continue fueld the growth of the company’s Distributed Antenna Systems (DAS), Small Cell, Communication Tower and Wi-Fi business investments.

Mobilitie’s announcement comes as industry forecasts point to a significant increase in mobile data traffic, with the Cellular Telephone Industries Association (CTIA) predicting that 2019 mobile data traffic will reach nearly 600% the amount used in 2014. An increase in mobile data use will require massive network investments capable of providing the coverage and capacity needed across the country.

“As the big four carriers, real estate owners, professional sports leagues and governments seek ways to accommodate the ever-increasing need for seamless mobile access, Mobilitie is leading the effort to fund, design, and build innovative wireless solutions for even the most complex network challenges,” said Christos Karmis, president of Mobilitie. “We’re driving the country’s most important infrastructure projects, and deploying more venue infrastructure and new outdoor macro networks than any other firm.”

The $325 million debt funding is another in a list of investment activities for Mobilitie since its founding by Gary Jabarain in 2005. In February 2013, the company secured a $100 million investment from Shamrock Capital Growth Fund III, and in 2012, Mobilitie raised $1.1 billion through the sale of more than 2,300 towers and other mobile sites to SBA Communications. Previous deals include $415 million raised with TD Securities in 2011 and a $425 million raise in 2008.