Start Up Equity

$20M Series A Round Equity

Century Telephone, Monroe Louisiana

January 1994

Metro Access Networks raised $20M of startup equity for construction of metro fiber networks in Ft. Worth, and Austin Texas. Additional follow on equity was subsequently invested by for network expansion and new network construction in San Antonio and Houston TX. Mike Gallagher served as founding VP Sales and eventual President and COO of Metro Access.

$25M Series A Preferred Stock

MC Venture Parnters III, Boston MA

September 1998

FDN received $25M equity investment in order to begin construction of competitive local telecom networks in Orlando, Jacksonville and West Palm Beach Florida. FDN eventually grew revenue from zero in 1998 to $175M in 2007 upon its successful sale to

Series A Round Equity

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 Series A Preferred Stock

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