Ionica

Domestic telecoms provider.

Launch date

1991–1999

Market cap

Enterprise valuation

$330m (Public information from Oct 1998)

Cambridge England (HQ)

Date	Investors	Amount	Round
Jan 1993	Kingston Thorpe Communications Stonehage Fleming Yorkshire Electricity	£100m	Growth Equity VC
Jan 1995	N/A	£300m	Debt
Jan 1997	N/A	N/A Valuation: £690m	IPO
Oct 1998	N/A	N/A Valuation: £250m	Bankruptcy
Total Funding		$132m