Tuesday, March 13, 2007

Ygnition Announces $20 Million in Venture Capital - 2007-03-13 10:33:41 | Venture Capital News

"Ygnition Networks, a leading provider of Video, Internet, and Voice services to the multi-family real estate industry, announced today that it has closed a $20 million senior secured revolving credit facility provided by both Full Circle Capital and FCC, LLC ('First Capital').
Ygnition will use the proceeds from the facility for subscriber acquisitions and organic growth opportunities. Ygnition provides broadband services to over 150,000 apartment units throughout the United States. The company also provides point-to-point data circuits and T-1 Internet circuits."

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