Ubiquisys raises $19m as it moves out of startup

Swindon-based Ubiquisys has moved well and truly out of being a startup with an oversubscribed funding round to raise $19m, bringing the total investment to over $74m.

The round for the seven year old company includes new investors Mobile Internet Capital and Nissay Capital, together with existing investors including 5CCG/Sallfort Privatbank AG, Accel Partners, Advent Venture Partners, Atlas Venture and Yasuda.

The money will be used to focus on the delivery of its innovative tri-mode 3G/LTE/WiFi small cell hotspots to provide indoor wireless coverage in public areas.  

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