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Optical equipment maker Mintera Corp. has landed $4 million in a combination of equity and debt financing out of a planned $4.9 million funding, according to federal documents. The Acton-based company makes 40 gigabit-per-second modules for long-haul optical networking.
This latest round of funding brings the total venture investment in Mintera to more than $77 million. While the specific investors were not listed in the filing with the U.S. Securities and Exchange Commission, Mintera’s previous investors include Polaris Venture Partners of Waltham, RRE Ventures of New York, Court Square Ventures, Star Ventures and Portview Communications Partners.
In October of 2008, Mintera received a revolving line of credit facility, worth $8 million, from Silicon Valley Bank which the company said at the time would be used to support its working operations and growth of its 40 Gbps Adaptive-DPSK DWDM modules.
Founded in 2000, Mintera shipped its first overseas product in February 2007 with its 40 Gbps DWDM transport subsystem to be used by an unnamed Asia-Pacific systems company.
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