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IMPORTANT: This app requires access to an IHS Sphera Impact server.The IHS Sphera First Report application provides the ability for any authorized...
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Universal Access announced Monday that it has plans to acquire a large portion of the fiber-optic network belonging to Sphera Optical Networks, which filed for bankruptcy just hours before. Pending bankruptcy approval, Universal Access plans to integrate the assets, located in New York City, New Jersey, Washington, Los Angeles, Dallas and Chicago, into its own existing network, according to a Universal Access spokeswoman.
Sphera attracts $20 million...Trillium Photonics closes a $29 million second round...Banter raises $20 million.
Sphera, a Web-hosting software maker, attracted $20 million in its second round of financing, the company said Thursday. The round includes a $5 million infusion from Vision Capital and Bank of America Equity Partners, on top of the $15 million raised earlier in the round from lead investors TLcom Capital Partners and Jerusalem Venture Partners. Gemini Israel Funds also contributed. Sphera's main product, HostingDirector, helps automate the Web-hosting process and reduces costs, it said, by allowing customers to manage hosting services themselves.
Sphera raises a $15 million second round of funding...iUniverse gets $18 million...Carnegie Learning picks up $14 million.
Sphera said Thursday that it raised a $15 million second round of funding, led by TLcom Capital Partners and Jerusalem Venture Partners. Other investors included Gemini Israel Funds. Boston-based Sphera has raised a total of $28.5 million. The company develops software designed to manage and automate Web-hosting operations.