Sycamore Networks Solutions grabs $12M secured revolving credit facility

AloStar Business Credit says it has provided a $12 million secured revolving credit facility to Sycamore Networks Solutions, Inc., a provider of intelligent optical networking and multiservice access platforms. The secured revolving credit facility provides the company access to working capital and additional liquidity to support growth of the company’s operations.

Sycamore Networks Solutions, Inc. launched as a privately held company in early 2013, following Marlin Equity Partners’ acquisition of Sycamore Networks, Inc.’s bandwidth management product and service business (see “Sycamore Networks Solutions begins new chapter”). The company’s product offerings serve applications across service providers’ communications infrastructure, from mobile backhaul and multiservice access to metro aggregation and core optical switching.

Current and prospective customers of Sycamore include domestic and international wire line and wireless network service providers, utility companies, large enterprises, multiple systems operators, and government entities. Sycamore's carrier-class networking systems form the foundation for many of the world's leading communications networks.

"We view AloStar as an exceptional partner that understands our desire to grow our business. We are excited to continue to enhance our network solutions portfolio and establish new innovations in technology and excellence in customer service,” said John Scully, president and CEO of Sycamore.

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