|Ubiquisys Secures B Round Funding for Breakthrough Femtocell Technology|
|Friday, 20 July 2007|
Ubiquisys Ltd, pioneer of intelligent 3G femtocell access points for the residential market, today announced it has secured B-round funding totaling $25m. The company’s A-round backers– leading technology investors Accel Partners, Atlas Venture and Advent Venture Partners – have been joined by search engine Google in the investment.
The Ubiquisys ZoneGate femtocell offers mobile users high-quality mobile coverage in the home using their usual 3G cell phones. The device plugs into an existing home broadband gateway or is built into a gateway product that includes WiFi, DSL, Ethernet, phone ports and USB.
'Our mission is to empower mobile carriers to bring compelling service packages into homes using our ZoneGate solution,' said Chris Gilbert, CEO Ubiquisys. ‘We’re delighted by the confidence our investors have shown in our technology and its ability to deliver innovative applications via ZoneGate’s unique services platform.’
In June 2007 ABI Research rated Ubiquisys number one femtocell vendor in a survey of the top ten players in the sector, based on product innovation and implementation.
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