Monday, July 14, 2003

Fiberlink Raises $50 Million for its Policy-based Remote Access

Fiberlink Communications, a provider of policy-based remote access solutions for the enterprise market, secured $50 million in funding from Technology Crossover Ventures (TCV). Fiberlink's policy-centric platform and service integrates applications, multi-network redundancy and end-to-end security. The company plans to use the funds to further its technology development and acquisitions, and repurchase certain previously issued preferred shares. Previous investors in Fiberlink include Goldman Sachs, GE Equity, Edison Venture Fund and NewSpring Ventures. Fiberlink is based in Blue Bell, Pennsylvania.
http://www.fiberlink.com