Print  |  Send  |   

Cambridge Broadband Networks raises $16.5M for global market push

December 06, 2010 // Jean-Pierre Joosting

Cambridge Broadband Networks raises $16.5M for global market push

Cambridge Broadband Networks Limited has announced it has secured a $16.5M investment to fund an aggressive growth plan aimed at capitalising on worldwide demand for its next generation microwave backhaul and access solutions.

Page 1 of 2
This latest funding round was oversubscribed and in addition to participation from the existing investors Accel Partners, Adara, Amadeus Capital Partners and TVM Capital the company secured a significant contribution from two new investors including Samsung Ventures Europe.

Samsung Ventures investment, the first by its newly created European venture investment group is a precursor to the development of a strategic relationship to create an important new channel to market for Cambridge Broadband Networks VectaStar point-to-multipoint solutions.

Commenting on the development Graham Peel, Cambridge Broadband Networks CEO said, The investment weve just secured is both an affirmation of the technology underlying our point-to-multipoint microwave equipment and recognition of the significant opportunities we have available. Our VectaStar solutions meet the needs of mobile operators in growth markets around the world, from EMEA to the Americas and Asia Pacific all are seeking more efficient means of satisfying the demand for broadband data services.

Teresa M Vega, Cambridge Broadband Networks' Chairman, added, "Market analysts universally predict a dramatic rise in the requirement for innovative microwave backhaul solutions in response to exponential growth in consumer demand for mobile data services. Samsung and our other investors recognise that Cambridge Broadband Networks is ideally placed to meet that demand with a technically and environmentally superior solution that is highly efficient in its use of capital and operational resources."
1 | 2 | Next page

All news

RF & Microwave

Follow us

Fast, Accurate & Relevant for Design Engineers only!

Technical papers     

Filter Wizard     

Check out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.

Linear video channel


Read more

This month, Arrow Electronics is giving away ten XMC1200 lighting application kits, worth 100 Euros each, for EETimes Europe's readers to win.

Each kit combines Infineon’s brightness and colour control XMC1200 CPU board to drive flicker free LED dimming and colour changing, together with a colour LED card and a white LED card.

Read more

Design centers     

Infotainment Making HDTV in the car reliable and secure

December 15, 2011 | Texas instruments | 222901974

Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.


You must be logged in to view this page

Login here :