MassDevelopment

Acacia Communications

Acacia Communications empowers network operators to meet fast-growing consumer demands for data. When financing was needed to make leasehold improvements, buy equipment, and keep up with growth, the ETF provided a $3 million seven-year term loan in conjunction with Acacia’s Series A equity raise. The result? Acacia went public on NASDAQ and was recently acquired by Cisco Systems, Inc. for $4.5 billion in cash.

< Back to ETF