About PSINet
PSINet is a company based in Herndon (United States) founded in 1989 was acquired by Cogent in April 2002. PSINet has raised $700 million across 1 funding round from investors including Cogent Communications. PSINet operates in a competitive market with competitors including KPN, Hong Kong Broadband Network, Cogeco, British Telecom and Ciena, among others.
- Headquarter Herndon, United States
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Sectors
Telecommunications
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$700 M (USD)
in 1 rounds
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Latest Funding Round
$700 M (USD), Series D
Jan 01, 2000
- Investors
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Employee Count
Not available
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Acquired by
Cogent
(Apr 02, 2002)
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Funding Insights of PSINet
PSINet has successfully raised a total of $700M through 1 strategic funding round. The most recent funding activity was a Series D round of $700 million completed in January 2000. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in PSINet
PSINet has secured backing from 1 investor. Prominent investors backing the company include Cogent Communications.
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Cogent Communications is recognized as a leading Internet Service Provider.
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Investor details for PSINet
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Investments & Acquisitions by PSINet
Investment portfolio details for PSINet
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Financial Statements - PSINet
Detailed financials for PSINet
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- Profit trends
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Psinet Comparisons
Peer comparison for PSINet
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of PSINet
PSINet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KPN, Hong Kong Broadband Network, Cogeco, British Telecom and Ciena, among others.
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Mobile and fixed-line telecommunication services are provided across Europe.
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Provider of fibre optic broadband internet services
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Fiber-optic internet, TV, and fixed-line telephone services provider
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Provider of mobile phones and fiber broadband services for home & business
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Cloud-based network management software is provided for infrastructure planning.
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Datacenter colocation, communication technology, and managed services are provided.
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Detailed competitors of PSINet
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Psinet
Complete news archive for PSINet
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Frequently Asked Questions about PSINet
PSINet was founded in 1989 and raised its 1st funding round 11 years after it was founded.
PSINet is headquartered in Herndon, United States. It is registered at Herndon, Virginia, United States.
PSINet is a funded company, having raised a total of $700M across 1 funding round to date.
PSINet was founded in 1989 in Herndon, United States, as an early commercializer of internet services through DSL technology. Operations were conducted in the US, Canada, and Europe, with 400 offices established in 30 countries and 75 companies acquired amid industry consolidation. US assets were purchased by Cogent Communications in 2002, Canadian assets by TELUS Communications, European operations by Interoute, and UK business by Telstra.
PSINet has 1 investor. Key investors include Cogent Communications.