Lightship Telecom, Inc.^*

Status: Funding

Company
Lightship Telecom provides New England business with customer-focused and consolidated Voice, Internet and Data services. Across Maine, Massachusetts, New Hampshire, Rhode Island and Vermont, the business customers of Lightship enjoy local and long distance calling, voicemail, conference calling, high speed Internet, email, hosting, dynamic bandwidth allocation, frame relay, wide area networks, co-location and much more.

Current Investors/Backers
Lightship Telecom, Inc. has raised approximately $50MM by a group of investors including JP Morgan Partners and Megunticook Capital Management.

Venture Fund Commitment
ATEL has provided Lightship Telecom, Inc. with a lease line facility. The purpose of the line will be to acquire telecom switching equipment.

* Lightship Telecom, Inc. has merged with One Communications. For more information, please visit their web site at onecommunications.com