By Teresa von Fuchs
Friday, July 20, 2007
Femtocell developer Ubiquisys announced that it has received investment funding from search engine giant Google. The company says it raised $25 million in B-round financing and Google has joined its A-round backers. Other A-level investors include Accel Partners, Atlas Venture and Advent Venture Partners.
"Our mission is to empower mobile carriers to bring compelling service packages into homes using our ZoneGate solution," Chris Gilbert, CEO of Ubiquisys, said in a statement. "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."
U.K.-based Ubiquisys' ZoneGate femtocell promises to boost cellular reception in buildings by connecting to an existing home broadband gateway.