Xtera Communications Obtains $1,200,000 New Financing

  • Feed Type
  • Date
    9/29/2016
  • Company Name
    Xtera Communications
  • Mailing Address
    500 W. Bethany Dr. Allen, TX 75013 USA
  • Company Description
    Xtera Communications (NASDAQ: XCOM) 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
    $1,200,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. 4 investors participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed

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