Small Is Beautiful: NTT Docomo Leads $19M Round In Femtocell Maker Ubiquisys
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The boom in smartphone and tablet use is having a knock-on effect for companies that build technology to support those devices. One case in point is UK-based Ubiquisys, makers of femtocell equipment that lets carriers improve indoor cellular coverage by offloading traffic to broadband internet connections, which today announced that it has raised another $19 million in funding, bringing the total raised by the company up to $81 million. This latest venture round is being led by Mobile Internet Capital and Nissay Capital. MIC is the investment vehicle of Japanese mobile giant NTT Docomo; while Nissay is the VC arm of the Nippon Life Insurance Company. Existing investors Accel Partners, Advent Venture Partners, Atlas Venture, 5CCG/Sallfort Privatbank AG and Yasuda also participated. http://dlvr.it/20jPZq @suryaray