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quantumbridge.com COMPANY OVERVIEW Quantum Bridge Communications Inc., a privately held company headquartered in North Andover, Massachusetts, is focused on delivering next-generation optical access networking equipment designed to eliminate the bandwidth bottlenecks that exist in the public network's first mile. Founded in October 1998, Quantum Bridge is pioneering the development of Optical Access Networking equipment that will enable telecommunications service providers to cost-effectively deliver high-bandwidth services to businesses customers. OPTICAL ACCESS NETWORKING: SERVICES ENABLER FOR THE 21ST CENTURY The continued deployment of fiber optic technologies in the network backbone has both service providers and business customers excited about the prospect of utilizing the bandwidth-intensive applications that will change the way we do business. This promise, however, will never be realized without an optical first mile capable of effectively delivering these high-bandwidth service offerings to customers over the most congested piece of the public network. Optical Access Networking is a breakthrough technology which empowers service providers with the scaleable, high-speed network required for the cost-effective delivery of new business services such as VPNs, application outsourcing, e-commerce and web hosting. By delivering an optical first mile solution directly to the business customer over a low cost, easily managed passive optical infrastructure, service providers can finally deploy next-generation business services at price points that make sense for their customers, as well as for themselves. FINANCING In two rounds of funding from the venture capital community, Quantum Bridge has received more than $22 million. In November 1998, the company received $6 million in a first round financing from New Enterprise Associates and Lazard Technology Partners. Most recently, in August 1999 Quantum Bridge secured an additional $16 million in its second round funding from Atlas Venture and the original investors. | ||||||||||||
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