Wireless player Ubidyne wins $14.4 million Series C round funding

Mike Butcher

Mike Butcher is the European Editor for TechCrunch. A former grunge rock drummer, he became a long time journalist, and has since written for UK national newspapers and magazines including The Financial Times, The Guardian, The Times, The Daily Telegraph and The New Statesman. Mike is also a co-founder and shareholder of TechHub, a co-working space/service/community with several locations... → Learn More

Thursday, August 20th, 2009

If the future is highly mobile oriented then the people who make the antenna that power this wireless world are in a powerful position. Which is why it’s perhaps not surprising that Ubidyne, a German company which makes an innovative antenna embedded radio platform which eliminates the need for coaxial cables on cell antenna towers and masts, has raised $14.4 million in Series C funding.

The round was lead by GIMV and joined by previous backers Baytech Venture Capital, Doughty Hanson and TVM Capital. Accel Partners is a past participant but is not mentioned in this latest announcement, though Ubidyne is still listed as a portfolio company.

Ubidyne has an antenna embedded radio system which reduces energy consumption, enables simpler deployment, and increases the coverage and capacity of mobile communications networks. Gimv is a Belgium-based private equity and venture capital provider and a major European and international market player.

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