Xtera Communications raises $52,000,000

Xtera Communications announced today that it has closed on a $52 million private placement Xtera Communications supplies innovative optical transport solutions enabling high-bandwidth service providers to offer profitable converged broadband services. Using patented all-Raman technologies, Xtera delivers the industry’s only actual Wide Reach(TM) DWDM transport solution with the headroom to deliver abundant high-quality video, data and advanced voice services. Xtera’s Wide Reach solution benefits regional, long haul, ultra-long haul and unrepeatered submarine applications