picoChip Secures $20 Million for Femtocell Silicon

picoChip, a start-up based in Bath, UK, secured $20 million in new venture funding for its femtocell silicon products.


picoChip's femtocell solutions cover all the major 3G standards (WCDMA/HSPA+, TD-SCDMA and cdma2000/EvDO), as well as 2G (GSM/GPRS/EDGE) and LTE.


Announced customers include Alpha Networks, AT4 Wireless, Airspan (partnered with Fujitsu), Intel, ip.Access, Ubiquisys (supplying NEC and Motorola), Willtek, Xinwei Telecom, Zyxel and a number of other major OEMs and ODMs.


picoChip's investors include financial investors, Atlas Venture, Highland Capital Partners, Pond Venture Partners, Scottish Equity Partners, and Rothschild plus strategic investors AT&T, Intel and Samsung.
http://www.picochip.com