AccelerComm, a Southampton, UK-based company with IP which optimizes 5G radio access network performance, raised £21.5M in Series B funding.
The round was led by Parkwalk, Swisscom and Hostplus with participation from existing investors Bloc Ventures, IP Group and IQ Capital.
The company intends to use the funds to accelerate innovation of products that increase capacity and reduce power and OPEX of 5G satellite and terrestrial O-RAN networks
Led by CEO Tom Cronk, AccelerComm provides physical layer IP solutions which enable optimal performance of 5G radio access networks and solves the challenges that would otherwise limit the throughput, latency, and spectral efficiency of 5G, by mitigating the effects of noise, interference, and poor signal strength.
The company is active in a number of industry associations including the O-RAN ALLIANCE and Small Cell Forum.
Founded by Professor Rob Maunder at the University of Southampton in 2016, AccelerComm is already working with Vodafone, Intel, AMD and National Instruments.
FinSMEs
11/05/2023