Xtera Communications Secures $5,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f1df7062-63ca-48af-82b1-22bc209db790&Preview=1
Date
4/10/2013
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
Debt
Transaction Amount
$5,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing-amended.
M&A Terms
Venture Investor
Undisclosed