Xtera Communications Lands $7,220,251 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=077cb38c-844d-4447-b2d4-81a3cbeb7cb4
Date
9/4/2015
Company Name
Xtera Communications
Mailing Address
500 W. Bethany Dr. Allen, TX 75013 USA
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
$7,220,251
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing. Contact technology company for investment details, if applicable. Not an offer or solicitation for sale of securities.
M&A Terms
Venture Investor
Undisclosed