Deal round-up 14/02/02

Bulldog completes £10m investment round

Broadband services provider, Bulldog Communications, has successfully completed a £10m (E16.4m) funding round that will enable it to support its first phase of UK broadband network deployment through to positive cash flow.

Bulldog’s key investors have again committed finances to the company, which plans a second funding round later this year. Investors include TMT investment company Omnia, Lattice Group and Fresh Capital Group. Richard Greco, Bulldog CEO and Chairman, is confident that the company will now achieve its target of raising £40m in 2002.