Xtera Communications Garners $29,430,200 New Financing Round

  • Feed Type
  • Date
    9/30/2011
  • Company Name
    Xtera Communications
  • Mailing Address
    500 W. Bethany Dr. Allen, TX 75013
  • Company Description
    Xtera Communications makes long-haul fiber-optic transmission equipment used for both terrestrial and undersea transport. Its Nu-Wave systems increase the bandwidth capability of fiber-optic strands, making converged voice and data communications possible. The company serves wholesale carriers and service providers such as FLAG Telecom.
  • Website
    http://www.xtera.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $29,430,200
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    ARCH Venture Partners
  • Venture Investor
    Fuse Capital
  • Venture Investor
    Rho Ventures
  • Venture Investor
    Sevin Rosen Funds
  • Venture Investor
    Undisclosed