Bandwidth Center Gets First-Round Funding

CarrierHotels News Staff

Aug. 22, 2000 -- BandwidthCenter, Inc., a Worcester, Mass.-based Internet data center provider, said today it had successfully raised $800,000 in its first round of funding.
Trautman Wasserman and Company, a private equity firm specializing in funding for early-stage technology firms, acted as agent for a group of private investors in the Series A financing.
"This first round of funding will permit us to complete installation of the support systems and company-owned network equipment in our first facility in Worcester,'' said Pamela Mercanti, Co-Founder and VP of Strategic Planning. "The wheels are in motion to provide similar services for an additional six cities.''
BandwidthCenter provides colocation and other data center services to corporations, universities and government agencies that need high-speed access to the Internet. Under a colocation agreement, a BandwidthCenter client locates essential computer and networking equipment in specially designed cages or racks owned and maintained by BandwidthCenter.