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City Signal Communications Closes $17 M Equity Round

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MALVERN, Penn., March 7 -- City Signal Communications (CSC), which delivers flexible metropolitan dark fiber networks in US mid-Atlantic and midwest markets, announced it has closed a $17 million third-round equity investment, led by MC Venture Partners and including additional investment by BB&T Capital Partners. CSC said it will use the funds to complete construction of its networks in Philadelphia, Cleveland and Columbus, to further expand its staff and for general corporate expenses. As a result of this round of financing, Gillis Cashman, associate of MC Venture Partners, has joined James...Read full article

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    Published: March 2002
    CommunicationsNews & Features

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