Kineto Wireless raised $15.5 million and announced Motorola has become a strategic investor in the fixed-mobile convergence company. The company's unlicensed mobile access (UMA) technology is the basis for dual-mode cellular/WiFi offerings such as T-Mobile's Hotspot@Home [1] service. Kineto's technology is also one of the key technologies used in the radio access network (RAN) gateway approach for femtocell architectures.
Motorola's investment is a part of a broader commercial relationship with its Home & Network Mobility business. Kineto's existing investors -- Oak Investment Partners, Sutter Hill Ventures, Venrock, Seapoint Ventures and InterDigital--also contributed in on the round, and NEC, which recently announced a strategic investment in the vendor, is being counted in the total as well.
For more:
- read Unstrung [2]
Related articles:
NEC makes strategic investment in Kineto Wireless [3]
Japan's SoftBank to launch 3G femtocells [4] in January
Links:
[1] http://www.theonlyphoneyouneed.com/
[2] http://www.unstrung.com/document.asp?doc_id=165399
[3] http://www.fiercewireless.com/press-releases/nec-makes-strategic-investment-kineto-wireless-1
[4] http://www.fiercebroadbandwireless.com/story/japans-softbank-launch-3g-femtocells-january/2008-09-24