Wednesday, August 27, 2003

American Fiber Systems Raises $6 Million

American Fiber Systems (AFS), a provider of metro connectivity and wholesale services with networks in Cleveland, Kansas City, Minneapolis/St. Paul, Nashville and Salt Lake City, raised $6 million in new equity funding to expand into certain commercial buildings. The company's networks currently comprise 245+ route miles and 76,000+ fiber miles.


AFS is offering three Ethernet based services: Virtual Private Line Service (EVPL) will provide point-to-point connectivity between diverse locations; Virtual Private LAN Service (EVLAN) will provide point to multipoint, or any point to any point connectivity across multiple, diverse locations; and Ethernet Internet Access (EIA) will provide connections to the Internet backbone.


North Atlantic Capital of Portland, Maine led the round, which included previous investor partners Sierra Ventures and Lucent Venture Partners.
http://www.americanfibersystems.com