& cplSiteName &

Nujira Raises $20M

Light Reading
News Wire Feed
Light Reading
4/2/2014
50%
50%

CAMBRIDGE, UK -- Nujira Ltd, the world’s leader in Envelope Tracking (ET) technology, has closed a new funding round, raising $20 million (£12.2M) for working capital to support the production ramp of its Coolteq chips, and to fund continued development of the company’s long term product roadmap.

Each of the existing angel and major investors participated in the round, including Amadeus Capital Partners, Climate Change Capital, Environmental Technologies Fund, SAM Private Equity and NES Partners. In addition, Investec Bank introduced new investors to the Company including GAM (on behalf of its GAM Star Technology strategy) and Investec as well as other institutional and high-net-worth clients.

Tim Haynes, CEO, Nujira said: “Envelope Tracking will shortly be a standard component in 4G smartphones and tablets, but we aren’t just focused on how ET can be implemented in the latest handsets; we are already working on the next three generations of our ET chips. The company is in a strong position, we have good traction with some world-leading customers and we have a compelling product roadmap. The new investment will be important in helping us execute our aggressive growth plans as we look to take advantage of our position as the leading authority on ET.”

To support its product development roadmap Nujira will shortly be opening a new design centre in Santa Clara, California. Adding to Nujira’s world-class design team in the UK, the new design centre will focus on the development of next generation ET ICs. It will also provide a base for local applications and operations support to US-based customers and partners.

Nujira Ltd.

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Featured Video
From The Founder
Light Reading founder Steve Saunders grills Cisco's Roland Acra on how he's bringing automation to life inside the data center.
Flash Poll
Upcoming Live Events
February 26-28, 2018, Santa Clara Convention Center, CA
March 20-22, 2018, Denver Marriott Tech Center
April 4, 2018, The Westin Dallas Downtown, Dallas
May 14-17, 2018, Austin Convention Center
All Upcoming Live Events
Infographics
SmartNICs aren't just about achieving scale. They also have a major impact in reducing CAPEX and OPEX requirements.
Hot Topics
Project AirGig Goes Down to Georgia
Dan Jones, Mobile Editor, 12/13/2017
Here's Pai in Your Eye
Alan Breznick, Cable/Video Practice Leader, Light Reading, 12/11/2017
Verizon's New Fios TV Is No More
Mari Silbey, Senior Editor, Cable/Video, 12/12/2017
Ericsson & Samsung to Supply Verizon With Fixed 5G Gear
Dan Jones, Mobile Editor, 12/11/2017
Juniper Turns Contrail Into a Platform for Multicloud
Craig Matsumoto, Editor-in-Chief, Light Reading, 12/12/2017
Animals with Phones
Don't Fall Asleep on the Job! Click Here
Live Digital Audio

Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.

During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.

She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.

Like Us on Facebook
Twitter Feed