Dec. 5, 2001 -- Interconnection provider Sigma Networks, Inc. has completed its planned network buildout with the launch of service in New York City and northern New Jersey, the company said today.
The well-heeled San Jose, Calif.-based startup has a presence in nine carrier hotels and data centers in the metro New York market, offering high-speed connections to carriers and other bandwidth-intensive businesses.
Launched in February with more than $400 million in financial backing, its founders include former FCC Chairman Reed Hundt, Benchmark Capital Partner Andy Rachleff, and Concentric Network cofounder John Peters.
The company has focused on "smart building" in creating its network, according to CEO Peters
"Smart building means we've been carefully using our resources to deploy truly targeted metro optical networks to explicitly meet the interconnectivity needs of our carrier and service provider customers,'' said Peters. "As a company, we're 100% focused on providing carriers and service providers with a fast, cost-efficient way to meet and beat metro connectivity challenges.''
According to Sigma, the New York/New Jersey network will include the following buildings:

• 60 Hudson Street, New York
• 111 Eight Avenue, New York
• 25 Broadway, New York
• 601 W. 26th St., New York
• 85 10th Ave, New York
• 111 Pavonia Ave., Jersey City
• 165 Halsey St., Newark
• 744 Broad St., Newark
• 300 (JFK) Boulevard East, Weehawken

Sigma Networks provides interconnections to carrier hotels, colocation centers, data centers, and other data "sources and sinks" in five key metro markets.