AccelerComm, a start-up based in South Hampton, England announced £21.5m in Series B funding for its 5G channel coding technology.
AccelerComm which was founded in 2016 by Professor Rob Maunder at the University of Southampton, specializes in channel coding, also known as forward error correction. The company’s product suite includes a channel coding IP solution that delivers reduced latency and power consumption for 5G radio baseband processing, and LEOPhy – a complete layer 1 modem that incorporates this technology for low-earth orbit 5G satellite communications. The company has attracted talent from ARM, Qualcomm and Ericsson. AccelerComm notes that it is already working with Vodafone, Intel, AMD and National Instruments.
Tom Cronk, CEO of AccelerComm, states: “From LEO satellite to terrestrial 5G deployments, the challenges of how to maximize the performance of the network, and in particular efficient use of energy and radio spectrum, are universal. Over the past few years, AccelerComm has continually demonstrated its position at the forefront of this technology, working with mobile operators, telecoms equipment vendors and the satellite industry to help supercharge communications. We’re thrilled to receive this backing from a range of industry-leading investors combined with the continued backing ongoing support of our existing shareholders and look forward to the company’s continued rapid growth and innovative development.”
