Tech Company Financing Transactions
Xtera Communications Funding Round
Xtera Communications, based in Allen, secured $2.5 million from Arch Venture Partners, EDF Ventures and Fuse Capital.
Transaction Overview
Company Name
Announced On
6/30/2005
Transaction Type
Venture Equity
Amount
$2,477,000
Round
Undisclosed
Investors
Fuse Capital (Cliff Higgerson)
Sevin Rosen Funds (Jon Bayless)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
500 W. Bethany Dr. 100
Allen, TX 75013
USA
Allen, TX 75013
USA
Phone
Website
Email Address
Overview
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.
Management Team
Title
Name
Email & Social
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We do our best to document tech company VC transactions. VC transactions reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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