Megapath Networks – Profile
HQ: Pleasanton, CA
Management: Harry Taxin has all the good titles – Co-founder, Chairman, President & CEO. He was previously a consultant Prior to MegaPath, he was a principal at Seahaven Associates and before that was an SVP and GM at Sony Electronics where he built their Systems Integration business unit.
Investors: In June 2004, the company raised $16.5M Austin Ventures, Centre Palisades Ventures, Comcast Interactive Capital, Techxas Ventures, and Trident Capital.
Business Model: MegaPath sells the gamut of managed connectivity from dial-up and VPN to T1 and wireless. The company was profitable in 2004, with revenue of $87M, up 28% from the year before.
Competitors: AT&T, Vanguard Managed Solutions,
Dirt: The company offers pretty standard stuff, but in a world where straightforward tech services consistently disappoint, Megapath does better than others. The company will have a hard time maintaining its standards when it exceeds $100M in revenues.