MegaPath blazes a trail through the US communications landscape. The company provides managed Internet protocol (IP) services, including connectivity services such as managed broadband (DS-3, DSL, and T1 lines, cable and satellite system Internet access, and dial backup), mobility services (digital certificates, global remote access, personal firewalls, and remote access VPN), and security services (anti-malware, attack mitigation, site-to-site VPN, and Web filtering). The company also offers IP-based, hosted business telephony services and managed private networking services. Its nationwide network serves 235 metropolitan markets from nearly 30 points-of-presence (POPs).
MegaPath bought Covad Communications and Speakeasy in 2010 to combine Covad's infrastructure, Speakeasy's customer base, and MegaPath's services to better serve clients in North America. The deals expanded MegaPath's services and improved the company's position against larger national competitors such as AT&T and Verizon Business. As part of the merger, MegaPath CEO D. Craig Young become company chairman, while Covad CEO Pat Bennett became chief executive of the combined business.
The following year MegaPath sold its Covad Wireless business to TelePacific Communications for an undisclosed amount. The Covad Wireless business, which was regional in nature, did not fit in with MegaPath's overall corporate strategy to provide services nationwide.
MegaPath serves customers in a variety of industries including health care, financial services, and entertainment. Clients have included SunBridge Healthcare, VIZIOSoft, Truenorth Energy, and UnumProvident.
Founded in 1999, MegaPath has counted Fidelity Ventures, Rho Capital Partners, Trident Capital, and US Venture Partners among its investors. – less