Femtocell manufacturer Ubiquisys raises further $11m, acquires new CFO
In 2009, the World Economic Forum recognised Ubiquisys as a “technology pioneer”. The company’s femtocells are manufactured using Sony technology and are available as standalone units or as part of a residential gateway.
“The femtocell industry is about to enter a phase of aggressive growth,” according to Ubiquisys CEO Chris Gilbert. “We have already seen the first major operator launches and the autumn will see a number of others unveiling their future plans.”
At the same time as announcing their new funding, Ubiquisys also announced that Alison Sparshatt will be joining as CFO.