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IntelliSpace going national with new capital infusion.


You might say Intel:Space is faster than a speeding bullet, capable of leaping tall buildings in a single bound. Now, the "Superman" of Internet access See how to access the Internet.  is preparing to flex its muscles in other markets, flush with cash from a $35 million investment by Chase Capital Partners and Weston Presidio Capital.

IntelliSpace, a pioneer of "Internet intelligent space" and a premier provider of Internet Protocol See Internet and TCP/IP.

(networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol.
 (IP)-based business solutions, connects commercial multi-tenant buildings with multiply-redundant fiber optic systems capable of delivering dedicated, scalable access at speeds of 64 kilobits to 100 megabits per second (unit) megabits per second - (Mbps, Mb/s) Millions of bits per second. A unit of data rate. 1 Mb/s = 1,000,000 bits per second (not 1,048,576).

E.g. Ethernet can carry 10 Mbps.
 on demand. In their climb to the top, they've wired some of New York's most prestigious real estate, including the NY Technology Center, Rockefeller Center Rockefeller Center, complex of buildings in central Manhattan, New York City, between 48th and 51st streets and Fifth Ave. and the Ave. of the Americas (Sixth Ave.). The project was sponsored by John D. Rockefeller, Jr. , Radio City, the Jacob Javits Convention Center and hundreds more.

"It's just the beginning," said IntelliSpace Chairman Marc Josephson. "The investment from Chase and Weston Presidio will propel IntelliSpace's rapid growth, enabling the company to better serve its existing markets and bring high-speed access to new customers in new markets."

Foreseeing IP as the future of business communications, IntelliSpace is executing an aggressive build-out across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . It's superior metropolitan area net-works and robust in-building infrastructure eliminate many of the problems inherent in antiquated networks currently used to transmit voice, data and multimedia - and make the company one of the most forward-looking solutions for Internet connectivity.

Kelly F. Shackelford, principal of Chase Capital Partners (CCP (Certified Computer Professional) The award for successful completion of a comprehensive examination on computers offered by the ICCP. See ICCP and certification.
.

1. (language) CCP - Concurrent Constraint Programming.
2.
), said it made the investment because "CCP is very excited about the prospects for next generation, IP-centric communications companies Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D.  like IntelliSpace. Together with an exemplary management team, we intend to extend our leading position in the delivery of high bandwidth IP services to small and medium-size businesses throughout the country."

Thinking nationally, IntelliSpace has opened offices in Philadelphia, PA and Princeton, NJ. Offices in Boston, Stamford, CT, and Washington, D.C. are imminent.

"We offer speeds 65 times faster than DSL/T-1 connections at enormous savings," Josephson said.
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1U2NY
Date:Mar 15, 2000
Words:323
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