Movaz Networks, a provider of optical networking solutions, has closed on $20 million in new financing.
Movaz also has secured a $12 million line of credit.
The company said the funds would be used for expansion efforts.
Leading the financing were: Anschutz Investment, Comcast Interactive Capital, Menlo Ventures, Oak Investment Partners, Meritech Capital Partners, and Worldview Technology Partners.
Movaz has 90 customers worldwide.
Movaz: www.www.movaz.com
