Google invests in Ubiquisys in $25M round
Ubiquisys, the company seeded by Atlas Venture pioneering femtocells, has just closed a $25M series B financing from its existing investors and Google. Well done Anil. And an awesome result for Ubiquisys' team !!
Ubiquisys turns the in-house coverage equation on its head by providing intelligent devices that allow consumers to extend the use of their 3G phones inside their house. Instead of forcing your teenage daugther to drop her sexy Motorola phone for a power hungry WiFi device, you can save on call charges and extend coverage with a plug-n-play femtocell device. Neat !
<--- Not a glasses holder, a femtocell !
Ubiquisys was seeded by Atlas Venture in October 2005 and is a project that was shaped from the outset by our partner Graham O'Keeffe in a textbook case of early-stage value creation. The founding team (Len Shuch, Will Franks and Pete Keevill) and early investors Advent and Atlas were able to attract a star at the helm in the person of Chris Gilbert. Chris was previously CEO of ip.wireless and spent 12 years experience in Motorola’s infrastructure business.
<-- Gilbert
<-- O'Keeffe
Related from ABI Research (June 07): Ubiquisys tops femtocell vendor rankings
Technorati Tags: ubiquisys, google, atlasventure, chrisgilbert, anilhansjee, grahamokeeffe
nice way to accelerate your brain cancer...
Posted by: madjid | July 20, 2007 at 11:12 AM
I don't think wifi is better, do you ?
Posted by: Fred Destin | July 20, 2007 at 11:31 AM
Simply outstanding. Wish you could tell more about why Google invested.
Posted by: Colette Ballou Lamotte | July 20, 2007 at 11:36 AM
well certainly not, just a little bit lesser lethal because of lower output
but this whole wireless thing will blow up sometime in the future and it will be ugly
Posted by: madjid | July 20, 2007 at 12:31 PM
I have similar devices in my house to boost cell coverage since I live in an area with a lot of giant rocks that block the signals. The devices don't work as well as you want them to. They are unlicensed radios which limits the power they can use. Mine are only good for about 20 ft from the unit. 20 ft doesn't work very well in a large house.
Posted by: Jon Smirl | July 20, 2007 at 02:47 PM
google is such a big money maker. they have enough money to buy anything.
wireless home business cheap cell phone plans
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