Xtera Communications Secures $9,970,317 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e03f7187-1e25-47c3-8e75-4725c66bac83
Date
9/15/2013
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
$9,970,317
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing. Not a solicitation.
M&A Terms
Venture Investor
Undisclosed