Amsterdam-based Optics11 raises €50 million

Amsterdam-based Optics11 has raised €50 million.

The company works on protecting undersea cables.

The source gives no information about who provided the funding or how Optics11 plans to use it.

Undersea cables carry data between countries, making their protection important to communications.

The funding amount is the only reported outcome.

No next steps or further details are given.