Axis Network Technology secures £3m funding from Bessemer Venture Partners
(Business News, 19 Feb 2008 )
Axis Network Technology, a UK vendor of re-configurable digital radio platforms, has announced that it has received £3 million in investment from Bessemer Venture Partners, a leading venture capital practice based in the USA. Axis already has a range of 2.5GHz and 3.5GHz digital radios and modules in production, and is focusing on key emerging markets in WiMAX, 3G (WCDMA and TD-SCDMA) and 4G (3GPP-LTE).
Axis aims is to be the leading provider of compact digital radios, using a highly flexible and energy-efficient radio platform. The Company’s products focus on converged base station systems for next generation broadband wireless standards – TD-SCDMA, UMTS, WiMAX, LTE and DVB – and support triple-play and quad-play voice, video and data services. Axis provides fully operational systems direct to OEMs using its combined expertise in RF technology, digital and baseband design experience, together with an established logistics chain that includes circuit manufacture via global EMS and strategic device technology partnerships.