Business Services Industry
Seattle Broadband Provider's Funding Says A Lot about Venture Capital Mood.
Knight Ridder/Tribune Business News, March, 2004
By Tricia Duryee, The Seattle Times Knight Ridder/Tribune Business News
Mar. 16--Venture capital is not a foreign concept to Bruce Chatterley -- though each time he goes to get more, it feels like it could be the first time.
When he was CEO at Seattle's ViAir, he saw how easy venture capital was to obtain in the Internet boom and how hard it was to get a bit later. Instead of trying again last summer, he sold ViAir to California-based Visto.
This time, as chief executive of Seattle-based Speakeasy, it was more of the same -- meaning different.
Speakeasy, which provides high-speed broadband services, plans to announce today it has raised $24 million in a fifth round of capital, bringing the total it has raised to $50 million....
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