On July 26, 2000, Agilera, an application service provider (ASP), announced the signing of a definitive agreement for $80 million in its second equity financing. Agilera will use the financing to fuel the expansion of the company’s general operations, including the development of its operations centers and the expansion of its business model.
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investors Providence Equity Partners, Lonetree Partners and C.E. Unterberg,Towbin. Existing investors Verio Inc. (Nasdaq: VRIO), and Centennial Ventures, demonstrated their continued belief in and commitment to the company by increasing their respective investments, with their combined contribution totaling more than half of the $80 million. Upon the closing of this round of financing, Verio, will be the company's largest investor, having invested a total of $50 million in Agilera. Agilera-founder CIBER,