Fiberspace Gets Equipment Funding from Comerica Bank

WOODLAND HILLS, Calif., Nov. 15 -- Fiberspace Inc., a developer of tunable, semiconductor laser products, announced today that it has received $1.5 million in equipment financing from Comerica Bank's Technology and Life Sciences Division. The new financing will support Fiberspace's work on optical phase locked loop technology for metro and long haul networks.

Fiberspace's 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 ultradense wavelength division multiplexing applications.