Sunday, December 11, 2011

ip.access Secures $15 Million for Small Cells

ip.access, a privately-held company based in Cambridge, UK, raised $15 million in new funding from its current investors and from a major new backer.

ip.access is the leading supplier of picocells. Its nanoGSM and nano3G picocell solutions provide 2G and 3G coverage and capacity for offices, shops and (using satellite backhaul) passenger aircraft, ships and remote rural areas. nanoGSM is currently deployed in live installations in more than 50 networks around the world. The company has recently outlined its vision for femtocells and picocells in private and public consumer, small office and enterprise applications, and is actively expanding its product portfolio to give operators the widest possible choice of small cell solutions.

The company’s existing investors Amadeus Capital Partners, Cisco, Intel Capital, Qualcomm, Rothschild & Cie Gestion, Scottish Equity Partners and TE Connectivity all participated in the funding and re-affirmed their commitment to the small cell market.