Blue Danube Systems Closes $16M Series B Funding

Blue_Danube_Systems_logoBlue Danube Systems, a Mountain View, CA, and Warren, NJ-based provider of mobile wireless access solutions, closed a $16m Series B funding.

Backers included previous investor Sequoia Capital, new investor Northgate and strategic investor AT&T.

The company, which has raised a total of $23.7m in equity financing, will use the funds to accelerate the commercial deployment of its new radio system.

Led by Dr. Mark Pinto, CEO, Blue Danube is advancing a novel radio system, based on its proprietary integrated circuits and software, which promises to enable up to a 10X increase in average cell capacity with existing LTE infrastructure and mobile devices.



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