The T-Mobile Venture Fund has made a strategic investment in Ubiquisys, a supplier of 3G femtocells, joining Google and original investors Accel Partners, Atlas Venture and Advent Venture Partners. Financial terms were not disclosed.
The Ubiquisys femtocell is currently in mass production with Sony Technium. These units are being used by Ubiquisys’ partners such as Nokia Siemens Networks and NEC, to satisfy operator trials worldwide including T-Mobile. This strategic investment supports the drive towards the first commercial launches, anticipated towards the end of 2008.http://www.ubiquisys.com
- In January 2008, Nokia Siemens Networks announced a collaboration agreement with Ubiquisys to provide mobile network operators with femtocell solutions that offer greatly improved 3G network coverage and quality of mobile services at home. Under the agreement, Nokia Siemens Networks and Ubiquisys will cooperate in the marketing and sales of the joint solution to mobile operators worldwide.
- In July 2007, Ubiquisys, a start-up based in Swindon, England, raised US$25 million in Series B funding. The company’s first round investors, including Accel Partners, Atlas Venture and Advent Venture Partners, were joined by Google. 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.
