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

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
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
American Fiber Systems LinkedIn Company Profile
Social Media
American Fiber Systems Company Twitter Account
Company News
American Fiber Systems News
Facebook
American Fiber Systems on Facebook
YouTube
American Fiber Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Dave Rusin
  Dave Rusin LinkedIn Profile  Dave Rusin Twitter Account  Dave Rusin News  Dave Rusin on Facebook
Chief Financial Officer
Gita Ramachandran
  Gita Ramachandran LinkedIn Profile  Gita Ramachandran Twitter Account  Gita Ramachandran News  Gita Ramachandran on Facebook
Vice President
Dave Danchak
  Dave Danchak LinkedIn Profile  Dave Danchak Twitter Account  Dave Danchak News  Dave Danchak on Facebook
VP - Marketing
Mike D'Angelo
  Mike D'Angelo LinkedIn Profile  Mike D'Angelo Twitter Account  Mike D'Angelo News  Mike D'Angelo on Facebook
VP - Operations
Rich Coyle
  Rich Coyle LinkedIn Profile  Rich Coyle Twitter Account  Rich Coyle News  Rich Coyle on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/27/2003: Aptean venture capital transaction
Next: 8/29/2003: Amalfi Semiconductor venture capital transaction

 

Share this article

 


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.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary