ip.access Raises $15M

CAMBRIDGE, U.K. -- Cambridge based small cell innovator and market leader, ip.access, today confirmed it had closed a new round of funding, raising some $15m from its current investors and from a major new backer.

The company’s existing investors Amadeus Capital Partners, Cisco, Intel Capital, Qualcomm, Rothschild & Cie Gestion, Scottish Equity Partners and TE Connectivity all participated in the funding and re-affirmed their commitment to the small cell market.

CEO Simon Brown confirmed the capital raised will be used to continue the acceleration of the company’s small cell product development roadmap and deployment activities.

“We are delighted with this show of support from our investor partners,” said Brown. “The small cell market has enormous growth potential – especially through the roll-out of high speed 3G and LTE networks with their dependency on small cell- architectures to supply the necessary network capacity."

ip.access Ltd.