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Ubiquisys Gets $19M Funding to Meet Demand for Public Small Cell Hotspots
3G and LTE small cells maker Ubiquisys has raised $19m in an oversubscribed round. The company will use the capital to generate further profitable growth and accelerate delivery of innovative tri-mode 3G/LTE/WiFi small cell hotspots.
Ubiquisys' latest round of investment comes from new investors Mobile Internet Capital and Nissay Capital, together with existing investors including 5CCG/Sallfort Privatbank AG, Accel Partners, Advent Venture Partners, Atlas Venture and Yasuda.
“Public access small cells require extremely high performance, resilience and fully automatic, adaptive capabilities. By building on the heritage of our volume residential and enterprise deployments, we are able to provide solutions which can meet the rigorous demands of operators in public spaces,” said Chris Gilbert, CEO Ubiquisys.
Ubiquisys says that its technology, developed in collaboration with leading companies including Texas Instruments and Broadcom, is increasingly being selected by operators to fulfill these needs and open new commercial opportunities. Working with Intel, company has pioneered the smart cell: part small cell hotspot, part powerful computing platform. This new class of small cell moves rich content, cloud applications and core networking capabilities right to the edge of the network, transforming the mobile user experience.