PSINet Overview
- Year Founded
-
1989

- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
PSINet General Information
Description
Psinet Inc offers telecommunications services and data services like internet, ethernet, web hosting and other related services.
Contact Information
Website
www.psi.net
Formerly Known As
Performance Systems International Inc
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Other Communications and Networking
Other Industries
Network Management Software
Acquirer
Primary Office
- 510 Huntmar Park Drive
- Herndon, VA 20170
- United States
+1 (703) 000-0000
PSINet Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Merger/Acquisition | 02-Apr-2002 | Completed | Generating Revenue | |||
7. Bankruptcy: Admin/Reorg | 01-Jun-2001 | Completed | Generating Revenue | |||
6. Debt - General | 24-Nov-1999 | 00.000 | Completed | Generating Revenue | ||
5. Debt - General | 18-Sep-1999 | 00.00 | 00.000 | Completed | ||
4. Debt - General | 08-Nov-1998 | 00000 | Completed | Generating Revenue | ||
3. Debt - General | 14-Apr-1998 | 00000 | 00000 | Completed | ||
2. IPO | 01-May-1995 | Completed | Generating Revenue | |||
1. Early Stage VC | 01-Jan-1992 | Completed | Product Development |
PSINet Former Investors (4)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Bessemer Venture Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
Matrix Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
Sigma Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
Worldview Technology Partners | Venture Capital | Minority | 000 0000 | 000000 0 |
PSINet Investments & Acquisitions (11)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Predictive Networks | 26-Sep-2000 | 00000 0000 | 0000 | Operating Systems Software | |
Circadence | 15-Sep-2000 | 00000 0000 | 0000 | Educational and Training Services (B2C) | 00000 000 |
SilverBack Technologies | 16-Aug-2000 | 00000 0000 | 000.00 | Systems and Information Management | |
Folio Investing | 11-Jul-2000 | 00000 0000 | Brokerage | ||
Webhancer.com | 29-Jun-2000 | Early Stage VC | 0000 | Other Commercial Services |
PSINet Subsidiaries (1)
Company Name | Industry | Location | Founded |
---|---|---|---|
PSINet Ventures | Venture Capital | Herndon, VA | 0000 |
PSINet Exits (9)
Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
---|---|---|---|---|---|
Predictive Networks | 26-Sep-2000 | 00000 00000 00 | 0000 | Completed |
|
SilverBack Technologies | 16-Aug-2000 | 00000 00000 00 | 000.00 | Completed |
|
Folio Investing | 11-Jul-2000 | 00000 00000 00 | Completed |
|
|
Webhancer.com | 29-Jun-2000 | 00000 00000 00 | 0000 | Completed |
|
Authentica | 22-May-2000 | Later Stage VC | 0000 | Completed |
|