M

MCI Communications

10001 employees

MCI Communications was the second-largest long-distance telecommunications service provider in the U.S. until its purchase by WorldCom.

Investor insights

Sectors invested in

Logistics1
Telecommunications1
Communications Infrastructure1
Service Industry1
Internet1
Content1

Funding rounds participated in

$36M sweet spot round size

Most of their 10 investments are in rounds between $21M and $64M

Basic info

Industry

airlines and aviation

Sectors

Network Hardware
Wireless
Communications Infrastructure
Telecommunications
Information Technology

Date founded

1974

Investments made

U

Undisclosed raised $20M on July 23, 2001

Investors: Kleiner Perkins, XO Communications and MCI Communications

Y

Yipes Enterprise Services raised $200M on February 5, 2001

Investors: Riverstone Holdings, Intel Capital, Wind River and MCI Communications

U

Undisclosed raised $57M on August 3, 2000

Investors: Wheatley Partners, AOL, Reuters, Blue Chip Venture Company, Credit Suisse First Boston, Grotech Ventures, WPP and MCI Communications

U

Undisclosed raised $36M on July 26, 2000

Investors: Spectrum Equity, Juniper Networks and MCI Communications

U

Undisclosed raised $64M on June 1, 2000

Investors: BERKELEY INTL CAPITAL CORP, VW Ventures and MCI Communications

U

Undisclosed raised $31M on April 11, 2000

Investors: Mellon Ventures, Wheatley Partners, ADC and MCI Communications

C

Cidera (formerly Skycache) raised $36M on March 24, 2000

Investors: Institutional Limited Partners Association (ILPA), The Carlyle Group, Investor AB and MCI Communications

U

Undisclosed raised $19M on February 9, 2000

Investors: Columbia Capital, H.I.G. Capital, Boston Millennia Partners and MCI Communications

U

Undisclosed raised $600M on November 16, 1999

Investors: Vulcan Capital and MCI Communications

U

Undisclosed raised $21M on October 27, 1999

Investors: Bowman Capital, InterWest Partners, Mayfield Fund and MCI Communications

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