Masergy Communications, a provider of private network services, closed its second round of equity funding for $31 million. Masergy has deployed an MPLS network throughout the US, France, Germany, the Netherlands and the UK that enables its corporate customers to run multiple applications at different priorities. The new funding came from Meritage Private Equity Funds and Centennial Ventures. In total, Masergy has raised nearly $100 million in funding since it was founded two and a half years ago. The company said it has no debt.
http://www.masergy.com
- In August 2001, Masergy acquired the infrastructure of Zephion Networks, including IP hardware assets deployed in 29 Zephion hubs across the US.
