Overture, a Research Triangle Park, NC-based provider of Carrier Ethernet solutions for the metro edge, secured a $10m venture loan facility with Horizon Technology Finance Corporation (NASDAQ: HRZN).
The new facility, which follows a recently announced $8m equity investment that includes an opportunity to secure up to $11.7 million (read here), will help the company introduce its Ensemble Open Service Architecture™ and continue to expand its Carrier Ethernet product portfolio.
Led by Mike Aquino, president and CEO, Overture offers Ensemble OSA™, an open architecture that brings the benefits of the cloud, Software-Defined Networking (SDN), Network Function Virtualization, (NFV) and open innovation to the metro edge for network operators and service providers worldwide.
FinSMEs
04/06/2013