Light Reading

SOMA Scores $50M

Light Reading
News Analysis
Light Reading
6/13/2005
50%
50%

Broadband wireless vendor SOMA Networks Inc. has scored a $50 million VC cash injection, taking its total investment raised to a massive $175 million.

Founded in 1998, the San Francisco company targets the last-mile Internet access market untouched by DSL and cable, with a focus on internet service providers (ISPs), competitive local exchange carriers (CLECs), and incumbent local exchange carriers (ILECs). (See SOMA Untethers the Last Mile.)

To date, SOMA has kept a relatively low profile in the broadband wireless space, touting only three commercial deployments: Always on Network and 3 Rivers Communications in the U.S., and Jaring in Malaysia (see 3 Rivers Deploys SOMA and SOMA Powers Jaring). Today’s funding announcement, however, makes it one of the best funded broadband wireless players, eclipsing the likes of ArrayComm Inc. and Navini Networks Inc. (see ArrayComm Gets Greenbacks and Navini Nabs $30M).

The round was led by Morgan Stanley Venture Partners and Asian VC Temasek Holdings Pte. Ltd. and included investment from Endeavour Investments Ltd. and NeoCarta Ventures Inc.

SOMA’s COO, Greg Caltabiano, says the company will use the major investment to boost its “geographic expansion” and is on track to make a return on the massive investment. “SOMA is at a place where it has products and customers, and now it is all about growth and execution… I can’t go into too much detail but now we are working with these late-stage type of investors, I can say we are making very good progress. It’s moving along well. The investors are patient, but, of course, they are also looking at results.”

So what exactly does SOMA offer?

SOMA’s air interface is based on wideband-CDMA technology, but the startup has had to add proprietary extensions to accommodate its antenna technology -- meaning SOMA’s customers have to buy both base stations and customer terminals. The payoff is that its terminals aren’t susceptible to multipath interference, and they can seek out the strongest signal path by continually listening in all directions.

The terminals pack the software to automatically assign priority to certain traffic types, such as voice, and they can also adjust to changing signal conditions. If coverage becomes weak, the connection will boost its level of forward error correction to compensate. SOMA claims its base stations can each serve more than 1,000 users at up to 12 Mbit/s per user. On the customer side, SOMA's box plugs into whatever network infrastructure is set up: Ethernet, wireless LAN, or plain old telephone service.

Looking ahead, SOMA’s COO says the company is keeping a close eye on development of WiMax technology and will support the 802.16 standard. “We have worked hard over the last five years to make sure the entire system is abstracted from the air interface so we can plug in the chips and make them work with the rest of our network.”

Tomorrow the vendor will announce a partnership with Sanyo Electric Co. Ltd. (Nasdaq: SANYY) for the development of broadband wireless kit, following successful trial deployments, and later this month it's expected to tout further extensions to its VOIP offering.

— Justin Springham, Senior Editor, Europe, Unstrung

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
Flash Poll
From The Founder
Networks of the future will rely on "white box" switches and servers rather than proprietary hardware and that's going to alter the shape of the communications industry. Who says so? John Chambers.
LRTV Huawei Video Resource Center
Huawei Intros Smart Device for eLTE

3|30|15   |   05:25   |   (0) comments


Huawei has developed a secure, location-aware multimedia smartphone for its eLTE trunked radio solution, says Huawei's Norman Frisch.
LRTV Huawei Video Resource Center
Win Video, Win All

3|30|15   |   06:44   |   (0) comments


Video is going to be the next main source of revenue for operators. Operators have big opportunities and advantages to monetize video services. Globally, Huawei has helped more than 70 operators achieve over 30 million video subscribers. Watch this video for more.
LRTV Custom TV
The Benefits of HyperScale Clouds for NFV

3|27|15   |   01:50   |   (0) comments


Hyperscale cloud has been developed by the Internet giants to support the creation and delivery of software-based services at blistering speeds, and at the lowest possible cost. The original ETSI NFV vision was to adopt hyperscale cloud architecture and practices. This vision has become somewhat obscured along the way, due to misunderstandings about the hyperscale ...
LRTV Huawei Video Resource Center
eLTE Rapid Meets the Need for Speed

3|26|15   |   4:45   |   (0) comments


Designed especially for emergency and dedicated ad hoc local mobile communications coverage, Huawei's eLTE Rapid solution can deliver trunked voice, video and data coverage for multiple users over a 6km range and be set up in just 15 minutes, explains Huawei's Norman Frisch.
LRTV Huawei Video Resource Center
On Videos: Challenges & Opportunities

3|26|15   |   5:56   |   (0) comments


Most everything is now connected. And along with 4K and 4G technologies, everyone could be creating and broadcasting video contents. Users are expecting better video experience with any screen, anywhere and anytime. Operators will meet new challenges, but also see some big opportunities.
LRTV Custom TV
JDSU: Delivering Dynamic Networks for a Personalized Experience

3|26|15   |   5:59   |   (0) comments


Light Reading speaks to JDSU at Mobile World Congress 2015 about new solutions in the areas of HetNets, VoLTE, backhaul, virtualization, big data analytics, and real-time intelligence.
LRTV Custom TV
Smarter Service Chaining & New Ways to Benefit From Qosmos Technology

3|25|15   |   03:11   |   (0) comments


David Le Goff, director of strategic and product marketing at Qosmos, explains how the company has added application awareness to subscriber information to make service chaining more efficient and reduce costs for networking and infrastructure. In addition, Qosmos technology, which has been delivered as C libraries, is now also available as a virtual machine, ...
Between the CEOs
Qosmos CEO: The Changing Face of DPI

3|24|15   |   13:53   |   (0) comments


LR CEO and Founder Steve Saunders sits down with the head of Qosmos to talk about the changing state of the art in deep packet inspection technology, including its role in SDN and NFV architectures. Also, how the comms market is becoming more like the automotive industry.
LRTV Huawei Video Resource Center
FC Schalke Scores With Its Agile Stadium

3|24|15   |   6:23   |   (0) comments


Top German soccer club FC Schalke 04 has deployed a new, agile WiFi network from Huawei in its Veltins-Arena stadium and is reaping the benefits in terms of customer satisfaction and business opportunities, explains marketing chief Alexander Jobst.
LRTV Huawei Video Resource Center
Huawei’s Insights on Mobile Video

3|24|15   |   7:51   |   (0) comments


More people than ever are now watching videos on smartphones. Seventy percent of mobile traffic will be video traffic until 2018. In this video, Huawei's exports give their insights on mobile video in terms of business model, network planning and 4G network construction.
LRTV Documentaries
The Rise of Industry 4.0

3|24|15   |   02:26   |   (9) comments


Are you ready for the fourth industrial revolution? It's a big deal for influential operators such as Deutsche Telekom.
LRTV Huawei Video Resource Center
Getting Connected With eLTE

3|23|15   |   06:04   |   (0) comments


Trunked radio communications have entered the 4G LTE world, and with Huawei's eLTE solution, can now deliver a full range of data and video services as well as push-to-talk voice, explains Huawei's Norman Frisch.
Upcoming Live Events
April 14, 2015, The Westin Times Square, New York City, NY
May 5, 2015, Hyatt McCormick Place, Chicago, IL
May 6, 2015, Georgia World Congress, Atlanta, GA
May 12, 2015, Grand Hyatt, Denver, CO
May 13-14, 2015, The Westin Peachtree, Atlanta, GA
June 8, 2015, Chicago, IL
June 9-10, 2015, Chicago, IL
June 9, 2015, Chicago, IL
June 10, 2015, Chicago, IL
September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
All Upcoming Live Events
Hot Topics
AT&T Woos SMBs With Small-Scale WiFi
Sarah Thomas, Editorial Operations Director, 3/26/2015
Just Don't Say IBM Is 'Relaunching' Networking Business
Mitch Wagner, West Coast Bureau Chief, Light Reading, 3/26/2015
TV Everywhere Nears Mainstream Adoption
Mari Silbey, Independent Technology Editor, 3/27/2015
Carriers Are Bright Spot in BlackBerry Q4
Sarah Thomas, Editorial Operations Director, 3/27/2015
Comcast Says TWC Deal Will Close Later
Mari Silbey, Independent Technology Editor, 3/26/2015
Like Us on Facebook
Twitter Feed
Webinar Archive
BETWEEN THE CEOs - Executive Interviews
LR CEO and Founder Steve Saunders sits down with the head of Qosmos to talk about the changing state of the art in deep packet inspection technology, including its role in SDN and NFV architectures.
Chattanooga’s EPB publicly owned utility comms company has become a poster child for how to enable a local economy using next-gen networking technology. Steve Saunders, Founder of Light Reading, sits down with Harold DePriest, president and CEO of EPB, to learn how EPB is bringing big time tech to small town America.
Cats with Phones
Interspecies Phone Love Click Here
"No, you hang up."
"No, YOU hang up."
Latest Comment