Wednesday, December 15, 2004

TenXc Wireless Raises $13.9 Million for Intelligent RF

TenXc Wireless, a start-up based in Ottawa, Canada, raised US$13.9 million in Series A funding for its development of intelligent radio frequency solutions. TenXc is working on solutions for improved spectral efficiency and signal quality that address capacity, quality, and coverage constraints for in wireless networks. The company said its technologies are based on research and application of radio propagation, digital beamforming, signal processing, and other radio frequency advancements for commercial satellite, mobile, and other wireless applications.



VenGrowth Capital Partners and U.S.-based JK&B Capital, co-led the financing round. Additional investors include Venture Coaches/Skypoint Capital, and BDC Venture Capital.



TenXc Wireless also named Graham Belcher as its Vice President of Engineering. Belcher previously served at Lucent Technologies as Director, WCDMA Base-station Hardware Design, and he previously had held senior management positions associated with GSM, GPRS and UMTS products. He played a leading role in the design and implementation of the first US Cellular System in Chicago in 1978 and has been working with evolving wireless technologies ever since. http://www.tenxc.com

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