Tech Company Financing Transactions
American Fiber Systems Funding Round
North Atlantic Capital, Lucent Venture Partners and Sierra Ventures joined a $6 million capital raise for American Fiber Systems. The round was announced on 8/28/2003.
Transaction Overview
Company Name
Announced On
8/28/2003
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Having achieved operating cash flow positive last year and free cash flow positive this quarter, we were able to attract interest for further expansion of our networks on an optical last mile basis into select buildings while enabling metropolitan wholesale transport capacity services
Company Information
Company Status
Acquired or Merged
Industry
Infrastructure
Mailing Address
100 Meridian Centre 250
Rochester, NY 14618
USA
Rochester, NY 14618
USA
Phone
Website
Email Address
Overview
American Fiber Systems is a dark fiber metropolitan infrastructure and wholesale transport services provider, dedicated to enabling aggressive companies to profit from the burgeoning all-optic broadband communications independent of the Incumbent Local Exchange Carrier or ILEC.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dave Rusin
Chief Financial Officer
Gita Ramachandran
Vice President
Dave Danchak
VP - Marketing
Mike D'Angelo
VP - Operations
Rich Coyle
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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