Polatis Procures $4M to Boost Manufacturing
ANDOVER, Mass., Nov. 23, 2012 — Polatis has secured $4 million of debt financing from Clydesdale Bank of Cambridge (England) to support global growth and product development.
The money will expand Polatis’ in-house manufacturing capability for its Series 6000 optical matrix switch, which enables transparent connectivity for up to 192 × 192 fiber ports. It also will enable fast-track product development for customers in telecom networks, data center interconnect and government system growth markets.
Polatis manufactures all-optical switching solutions for remote fiber-layer monitoring, protection, reconfiguration and testing.
For more information, visit: www.polatis.com