Blog Post

UK 3G Femtocell Maker Ubiquisys Gets $11 Million Funding

Swindon-based maker of 3G femtocells — 3G signal generators designed to improve mobile access via the internet — has won $11 million (£6.6 million) from its existing shareholders to fund a range of global commercial deals in consumer and corporate markets, adding to existing partnerships with Nokia (NYSE: NOK), Siemens and Netgear. No word on exactly who those investors are or how much they paid — but two years ago Accel Partners, Advent Venture Partners, Atlas Venture, T-Mobile Venture Fund and Google (NSDQ: GOOG) paid in $25 million (£15.17 million) as part of second round funding.

In January this year the company’s Zonegate Femtocell technology was used as part of a deal between Japanese telco SoftBank Mobile Corp and NEC, which is claimed to be the world’s first commercial Femtocell deployment. Verizon Wireless has invested heavily in femtocells and Vodafone launched a service for Italian customers last summer. Also, Ubiquisys announces that Alison Sparshatt has been appointed its new CFO.Release.