Broadview Networks is a network-based electronically integrated communications provider (e-ICP) serving small and medium-sized businesses in the Northeastern and Mid-Atlantic United States. The Company offers integrated communications solutions, including local, long-distance and international voice services; data services that encompass VPN and MPLS enabled offerings; hosted and premises-based VOIP systems; traditional telephone systems; and high-speed Internet services using DSL, T1 and T3 technologies.
In late 2007, Broadview filed with the Securities and Exchange Commission to raise approximately $287.5 million in an initial public offering. Broadview has raised over $320 million in total venture capital funding since its founding in 1996. Current shareholders include Baker Capital, MCG Capital Corp., New Enterprise Associates, ComVentures, WPG Enterprise Fund, Apollo Management and Trimaran Capital Partners.[1]
Broadview has acquired a number of businesses since its founding in 1996. In 2007, the company purchased InfoHighway Communications, a provider of hosted and managed communications solutions. The prior year, in 2006, Broadview purchased ATX Communications, an integrated communications and managed services provider. Previously,, Broadview acquired a portion of the business customer base of RCN Corporation, certain Net2000 Communications assets earlier acquired by Cavalier Telephone and the DSL business of IDT Corp.[1]