YOU ARE AT:Archived ArticlesTHIRD QUARTER INVESTMENTS IN TELECOM COMPANIES

THIRD QUARTER INVESTMENTS IN TELECOM COMPANIES

Investee Company Investors Amount Raised Type of Financing Nature of Business

SignalSoft Corp. Olympic Venture Partners $1.9 million First Wireless location software & services

Boulder, CO

Pathnet Inc. Corman Foundation Inc., IAI Venture Capital $700,000 Bridge/Mezzanine Microwave incumbent relocation services for the

Riverdale, MD Group, New Enterprise Associates, Onset emerging PCS market.

Ventures, Spectrum Equity Investors L.P.

Telecorp. Holdings Corp. Inc. Chase Venture Capital, Media Communications $7.5 million Initial/Seed Personal communications services (PCS) provider.

Arlington, VA Partners, Northwood Ventures, OneLiberty

Ventures

Cell Call Charles River Ventures, Massey Burch $281,000 Bridge/Mezzanine Wireless Communications Networks

Lexington, KY Investment Group Inc., Media Communications

Partners, OneLiberty Ventures

Microwave Components Enterprises Inc. Hanifen Imhoff Mezzanine Fund L.P., National $7 million Buyout Manufacturer of RF and electronic microwave

Ann Arbor, MI City Capital Corp. components for the wireless communications

industry

Newcomb Communications Inc. Zero Stage Capital Co. Inc. $325,000 First Provides mobile satellite communication equipment

Manchester, NH applications software and messaging services for

One-Way and Two-Way data

Priority Call Management Canaan Partners, Menlo Ventures $5 million Second Provider of intelligent telecommunications platforms

Wilmington, MA

Advanced Radio Technologies Corporation Advent International Corp., and others $3 million Not Categorized Broadband wireless carrier owning spectrum

Bellevue, WA licenses in 91 major markets

Innovation Inc. Benaroya, Fluke Capital Management, Kirlan $750,000 Second Designs, assembles and integrates base stations for

Bothell, WA Inc. the wireless communications industry

Toll Free Cellular Inc. Brentwood Associates, Crosspoint Venture $13.8 million Third Toll & Air-Time-Free calling for the cellular

Seattle, WA Partners, GE Capital Equity Group, Goldman industry.

Sachs, Oak Investment partners, Trinity

Ventures Ltd.

Solectek Corporation AT&T Ventures, Hancock Venture Partners, $750,000 Follow-On Wireless communications products for LANS

San Diego, CA Menlo Ventures

Diablo Research Inc. Safeguard Scientifics Inc., TL Ventures $15 million First Electronics product development in wireless

San Jose, CA communications, data transfer and control

applications

Netro Corporation AT&T Ventures, Brentwood Associates, Cisco $6.8 million Third Radio band (wireless) digital networking solutions

Santa Clara, CA Systems, Norwest Venture Capital, Portola

Group, Robertson Stephens Venture Capital,

Stratacom, US Venture Partners, and others

Peninsula Wireless Communications Inc. Bay Partners, Brentwood Associates, HMS $4 million Follow-on Microwave and cellular communication equipment

Sunnyvale, CA Group, Hallador Venture Funds, Nazen &

Company, Oak Investment Partners, Trans

Capital

Positive Communication Canaan Partners $1.7 million Bridge/Mezzanine Distributor of wireless communications products &

Pleasanton, CA services.

Verticom Inc. Alce Partners, Charter Venture Group Inc. $1.3 million Bridge/Mezzanine Commercial radio subsystems for wireless

Santa Rosa, CA Commonwealth Venture Partners L.P., New communications

Enterprise Associates, New Venture Capital

Corp., Peregrine Ventures, Southwest

Enterprise Assoc. L.P., Spectra Enterprise

Associates, Trailhead Ventures, and others

WaveSpan Corporation Institutional Venture Partners, Matrix Partners $4.8 million Second Broadband wireless Internet access

Mountain View, CA

Mercury PCS LLC Alta Communications, Burr Egan Deleage& $5 million Bridge/Mezzanine Wireless voice and service provider

Jackson, MS Company

Signal Point Systems Inc. Cordova Capital Partners LP – Enhanced $1 million Buyout Project Mgmt. & Constr. Svcs for the wireless

Atlanta, GA Appreciation telecomm. industry. The company also installs

& maintains equipment

Ex Machina Inc. Global Village Communications, Prospect Street $10.3 million First Develops & markets products and services that

New York, NY NYC Discovery Fund/Prospect Street merge computing & wireless communication

Connecticut Capital technologies.

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