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    Tuesday, May 20, 2008

    Telecom Transport Management Gets $20M In Debt


    Seattle-based Telecom Transport Management Inc. said today that it has raised $20M in a senior debt facility, from Columbia Partners Private Capital. The provider of communications services and backhaul transport for wireless carriers, said that the funding will go towards continued expansion of its network. The debt comes on top of $140M in equity funding the company has raised, from SeaPoint Ventures, Ignition Partners, Trilogy Equity Partners, Rally Capital, Columbia Capital, Battery Ventures, DCM, Highside Capital Management and T-Mobile Venture Fund. TTM said it is currently constructing wireless backhaul networks in Richmond and Norfolk, Virginia, Minneapolis-St. Paul, Central and Eastern Pennsylvania, New Jersey and Delaware, for several national and regional wireless carriers.
    posted on Tuesday, May 20, 2008


    Related companies:
    Telecom Transport Management

    Related stories:
    > Telecom Transport Management Raises $120M
    > Integra Telecom Buys Eschelon Telecom
    > Purcell Systems Gets $15M In Debt
    > Widemile Scores $4M
    > Widevine Signs Brasil Telecom
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