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ip.access announces successful further funding round

12th February 2007

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Focus on global growth and product development for 2007

12 February 2007 – ip.access, the market leader in cellular picocell technologies today announced a further funding round from Amadeus Capital Partners as well as their existing investors to fuel growth. Amadeus Capital Partners will work alongside ip.access’ management and the current VC team of Scottish Equity Partners, Rothschild & Cie Gestion, Intel Capital Corporation and Motorola Ventures to help the company grow its annual turnover from today’s $25m annual run-rate to the target of $100m+.

Capital raised through this funding round will be used to accelerate the development of ip.access’ market-leading Oyster 3G consumer femtocell product.  The investment  is confirmation of the high level of confidence in the market potential for the Oyster 3G product.  ip.access believes that 2007 will be a key year in the development of consumer femtocells and discussions are underway with operators around the world regarding integration of ip.access’ Oyster 3G into existing networks.

 “We are pleased to be able to announce that Amadeus will be joining the ip.access board.  They have an excellent track record of backing leading technology companies and their experience will be a great addition to our business and our top-tier advisory team.” said Stephen Mallinson, CEO of ip.access.

“We believe that the strength of the ip.access’ investment team is testament to the importance of the picocell and femtocell markets.  From ip.access’ perspective, this funding round has built a firm foundation for the growth that we anticipate over the next 24 months."

Operator lab-trials of the Oyster 3G are currently being planned and the company is preparing for network operators to commence user trials in the middle of this year. Volume deployments of the product are expected to follow in early 2008.  In addition, the company has recently concluded a major manufacturing deal with Taiwanese company USI and has forged relationships with distributors covering markets as diverse as Venezuela and the CIS.  The industry is also recognising ip.access’ pre-eminence in the picocell sector with the company’s Oyster 3G product shortlisted in the GSM Association’s best radio access product category for the 2007 3GSM World Congress in Barcelona.
While the Oyster 3G represents a huge opportunity for the company, ip.access continues to invest in its already successful 2G and 2.5G nanoGSM business.  The company intends to grow its market-leading presence in this sector by making picocell deployments even easier and more cost effective for operators through enabling simpler integration, management & support.

Andrea Traversone of Amadeus Capital Partners said: "We are excited about working together with ip.access. We recognise that every one of the world’s 3G operators that is serious about delivering high-speed data to customers will need to deploy a residential femto layer.  ip.access was able to demonstrate to us that they have a solution that can be deployed in todays networks whilst also having a roadmap to IMS.  ip.access already has a track record as a pioneer in bringing IP and cellular technologies together to deliver in-building cellular coverage with IP backhaul and it is in the unique position of having a thriving 2G/EDGE picocell business while also being at the forefront of the femtocell revolution.  Finally, we are also very pleased to be co-investing with such a strong existing investment team including Scottish Equity Partners, Rothschild, Intel, and Motorola Ventures.  Together we look forward to contributing to ip.access’ further success.”

Archive Press Releases

2018

2017

20th November 2017
ip.access deploys PRESENCE™ solution with O2 UK for cellular micro-proximity customer analytics

31st July 2017
ip.access passes two million shipments of residential 3G small cells

14th July 2017
ip.access and Quortus enable Pentonet’s revolutionary subscription service

11th July 2017
ip.access re-affirms commitment to quality

31st May 2017
ip.access wins best business case at Small Cell Forum Awards

18th May 2017
ip.access advocates infrastructure and spectrum sharing at Small Cells World Summit

17th May 2017
Viper2020 Cloud Managed Small Cell platform - Support for 5G Services, First Responders and Neutral Host Networks with Presence™

13th April 2017
ip.access and AeroMobile celebrate in-flight mobile phone connectivity milestone

2nd March 2017
ip.access launches flexible radio platform as carrier-proven alternative to SDR

22nd February 2017
ip.access to develop next generation IoT small cells on the path to 5G in collaboration with Intel

21st February 2017
Multi-carrier small cells slash deployment costs of in-building coverage by 80%

17th February 2017
ip.access increases support for Neutral Host Multi-Operator deployments with a range of new access points

7th February 2017
New Market Opportunities with Intelligent Access and IoT for the New Communications Era

31st January 2017
ip.access enhances T-Mobile’s retail-based customer analytics with PRESENCE™

25th January 2017
ip.access enters into strategic partnership with Inovvo to enhance Presence offering

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

29th November 2007
ip.access femtocell scores victory at World Communication Awards

17th October 2007
ip.access celebrates success at Leading Lights awards

9th October 2007
ip.access seeks quadruple glory

1st October 2007
ip.access takes its place in the Top 100 UK Technology Companies

18th September 2007
ip.access and Orascom aim to improve mobile access for 56 million people

6th July 2007
ip.access joins board of the femto forum - a new body to promote femtocell standardisation and deployment

2nd July 2007
ip.access participates in SoftBank femtocell proof of concept

20th June 2007
3G Home Femtocells Will Deliver Better Value For Mobile Data Users and Drive Fixed Mobile Substitution Predicts Leading Developer ip.access

18th June 2007
ip.access CTO Nick Johnson To Address CommunicAsia 2007 Summit on "Femtocells for Pure Cellular Fixed Mobile Convergence"

29th March 2007
ADC Partners with ip.access To Deliver a GSM/EDGE Portfolio that Extends to Rural Communities and Other Hard to Reach Areas

29th March 2007
ip.access and Tatara Systems Focus on SIP/IMS Femtocell Architecture Development

14th February 2007
Sonus Networks And ip.access Partner To Drive Fixed/Mobile Convergence Forward

14th February 2007
ip.access’ Oyster 3G is 2007’s best radio access product

13th February 2007
ip.access delivers pearl with Oyster 3G™ launch

12th February 2007
ip.access and Thomson Collaborate to Deliver Integrated 3G Femtocell Gateway Platform

12th February 2007
ip.access announces successful further funding round

6th February 2007
ip.access establishes a key partnership with Alcatel-Lucent GSM Product Line

17th January 2007
ip.access shortlisted for Global Mobile Award alongside Nokia and Cisco

2006

20th December 2006
NexWave Technologies and ip.access team up to distribute picocell technologies throughout Asia Pacific

7th December 2006
ip.access GSM picocells deployed by new UK spectrum licensee FMS

11th October 2006
T-Mobile strengthens its GSM network in Europe with ip.access picocells

25th September 2006
ip.access selects picoChip technology for 3G femtocell development

5th September 2006
ip.access launches femto3G™ to revolutionise 3G services in the home

14th June 2006
ip.access and HECL to cover India with nanoBTS picocells

13th June 2006
TeleWare plc selects ip.access as picocell supplier for Private Mobile Networks

13th June 2006
ip.access strengthens Asia-Pacific presence with strategic appointment

12th June 2006
ip.access and iDirect collaborate to offer remote GSM picocell solution with satellite backhaul

9th May 2006
ip.access named in prestigious 2006 Red Herring 100 Europe list

3rd May 2006
Picocell market set for growth as Ofcom creates new low power GSM operators in the UK

13th March 2006
ip.access secures £8.5 million funding to accelerate growth in cost-effective cellular infrastructure for homes and businesses

14th February 2006
ip.access and in&phone enable enterprise fixed-mobile convergence in Switzerland

13th February 2006
ip.access and BelAir Networks Unlock Revenue Opportunities for Mobile Network Operators with First Wireless Mesh Cellular Picocell

10th February 2006
ip.access and NTL work together to explore Low Power GSM solutions

6th February 2006
ip.access' new EDGE/AMR picocell increases voice and data capacity

23rd January 2006
ip.access aircraft module shortlisted for 2006 GSM Association Awards

2005

2004

2003

2002

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About ip.access

Headquartered in the United Kingdom, ip.access originates the best-in-class wireless solutions that maximise the value of radio and data assets via disruptive business models. The company has products and solutions live in over 100 customers’ networks around the world.

Media contacts

Samantha Browning / Rachel Nulty
Wildfire
ip.access@wildfirepr.com
+44 (0)20 8408 8000

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