Ubiquisys raises a further $19m

Amy King
16 August 2012

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UK-based 3G technology company Ubiquisys has raised $19m in an oversubscribed round from existing investors, as well as new Chinese investors Mobile Internet Capital and Nissay Capital.

Existing investors Accel Partners, Advent Venture Partners, Atlas Venture, Yasuda Enterprise Development and 5CCCG/Sallfort Privatbank also contributed to the round.

The fresh capital will fund the delivery of tri-mode 3G/LTE/wifi small-cell hotspots.

Previous funding
In September 2006, Accel, Advent and Atlas committed $12m of early-stage funding to Ubiquisys. In July 2007, the trio was joined by Google in a $25m series-B funding round for the firm. 2008 saw T-Mobile Ventures join the company's backers, with all existing investors then contributing to an $11m round in 2009. In July 2010, Advent, Accel and Atlas were joined by Continents Consulting Group and Yasuda in a $9m capital injection, with Asian investors SerComm Corporation, UMC Capital Corporation and Pacific Venture Partners following suit two months later when they injected $5m into the firm.

Company
Founded in 2004, Ubiquisys is a developer of 3G femtocells. Its mass-market commercial deployments include SFR in France and SoftBank Mobile in Japan. The firm's adaptive radio resource ranagement (aRRM) system eliminates interference problems in shared spectrum deployments.

The firm is working to deliver small-cell deployments in public spaces that incorporate combinations of 3G, LTE and wifi to answer the growing demand for mobile data due to the rise of smartphones.

People
Chris Gilbert is the chief executive officer of Ubiquisys.