Monday, October 13, 2008

Mintera Secures $8 Million Line of Credit

Mintera, a developer of high bit-rate optical transport systems, secured an $8 million revolving line of credit facility from Silicon Valley Bank (SVB).

The company said it is experiencing strong demand for its 40 Gbps Adaptive-DPSK DWDM modules worldwide. Adaptive-DPSK enables the transport of 40 Gbps signals across ultra-long haul distances through Reconfigurable Add/Drop Multiplexers (ROADMs) with 50 GHz spaced signal wavelengths.

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