By Matt Stump -- Multichannel News, 4/18/2003 7:45:00 AM
Jedai Broadband Networks Inc., which is pitching cable operators a broadband
data and voice solution for small and midsized businesses, raised $10 million in
its second financing round.
Jedai has raised $50 million since its inception.
Sandler Capital Management, Intel Capital, Spencer Trask Ventures Inc. and
Weiss, Peck & Grier Networking Fund returned as investors.
Jedai said it's working to raise an additional $5 million. The company added
that it will use the working capital to expand rollouts of Jedai
product.
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The Association of Cable Communicators headed
west from Washington, D.C., to Denver as its 2009 Forum and Beacon Awards ceremony became
part of Cable Connections-Fall festivities.
HBO Sports senior vice president Mark Taffet discusses the PPV performance prospects for the Sept. 19 Floyd Mayweather Jr.-Juan Manuel Marquez boxing event as well as the network's PPV fight schedule for the rest of the year during a recent interview with Multichannel News.