Xtera

IPO

Public · McKinney, United States · Founded 1998 · $52.0M raised

Headquarters
McKinney, Texas
Employees
51–200
Founded
1998
Business Model
B2B
Website
xtera.com
Total Funding
$52.0M
Last Round
$52.0M Venture RoundAug 2007
Rounds
1
Type
Public

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Xtera is a turnkey provider of subsea telecommunications network solutions, established in 1998 and headquartered in McKinney, Texas. The company carries an extensive portfolio of intellectual property in subsea systems and supplies both un-repeatered and repeatered systems, using high-performance optical amplifiers to deliver traffic directly inland to cities. Xtera creates novel solutions tailored to each customer, offering full turnkey system delivery, open architecture design, or supply of specific products or services. Its specialties include subsea systems, unrepeatered technology, open systems, and spectrum sharing technology. Xtera works with a variety of strategic partners to deliver cross-border subsea network projects across the globe, serving international communication carriers and government clients across more than 24 countries. The company is a portfolio company of H.I.G. Capital, which invested in 2017.

Summary

Xtera is an Infrastructure company based in McKinney, United States, founded in 1998. It has raised $52.0M in total across 1 round, most recently a $52.0M Venture Round in Aug 2007. Investors include H.I.G. Capital, New Enterprise Associates and ARCH Venture Partners.

Funding & Exit History

AcquisitionFeb 2017

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Funding: Venture Round. Amounts, valuations, and investors where available.

Investors

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