Global Crossing - GX (formerly GBLX) Message Board

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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: cardcounter who wrote ()	1/27/2000 8:00:00 AM
From: polarisnh	of 15615

StorageNetworks raises $103 mln from Dell, others WALTHAM, Mass., Jan 27 (Reuters) - Information storage services firm StorageNetworks Inc. said on Thursday it had received funding of $103 million from investors led by Dell Computer Corp. (NasdaqNM:DELL - news) and Global Crossing Ltd. (NasdaqNM:GBLX - news). StorageNetworks, which is privately-held, said Dell and Global Crossing invested the same amount, which it would not disclose. The company also declined to identify other investors in its third round of funding. StorageNetworks said it has raised $205 million since its founding in August 1998.

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