Fiberspace Receives $1.5m Credit Facility from Comerica Bank

Nov. 13, 2001
Fiberspace, Inc., a developer of tunable semiconductor laser products, has received $1.5 million in equipment financing from Comerica Bank's Technology and Life Sciences Division

Fiberspace, Inc., a developer of tunable semiconductor laser products, has received $1.5 million in equipment financing from Comerica Bank's Technology and Life Sciences Division. The receipt of the additional financing supports Fiberspace's efforts to ensure its Optical Phase Locked Loop (OPLL) technology is acknowledged as a valid platform for enhancing today's metro and long-haul networks.

Announced in October, Fiberspace's OPLL technology platform maximizes the efficiency of optical spectrum use to increase the transmission capacity of existing fiber lines while lowering the cost per bit. OPLL also provides long-term wavelength stability and absolute accuracy, making it an attractive tunable laser platform for ultra-dense WDM (wavelength division multiplexing) applications.

Fiberspace, Inc., creates and builds stabilized laser products based on its patented laser technology. The company is developing a suite of products that provide absolute accuracy, tunability, and long-term wavelength stability for dense wavelength division multiplexing (DWDM) applications in metro and long-haul systems.

Fiberspace investors include J.P. Morgan Chase Capital and Morgenthaler Ventures. Fiberspace is headquartered in Woodland Hills, CA. For more information, visit http://www.fiberspace.net or call (818) 251-1300.

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