Ubidyne Secures $34 Million (22 Million Euros) in Series B Funding

Ubidyne, the leader in digital radio technology for the wireless

industry, today announced that it secured $34 million in second round

funding led by Doughty Hanson Technology Ventures. This completes one of

the largest venture capital investments in the European wireless

equipment market segment in recent years. Previous investors Accel

Partners and TVM Capital have participated in the funding, along with

new investor BayTech Venture Capital.
Ubidyne created the world´s first digital

antenna embedded radio system for wireless communications. Ubidyne´s

patent-pending technology significantly improves the operating economics

of wireless networks. It reduces energy consumption, enables simple

flexible deployment and increases the coverage and capacity of mobile

communications networks.
"Our oversubscribed Series B funding is a

strong vote of confidence in our technology, execution and growing

market traction," commented Ken Hawk, CEO of

Ubidyne. "Our investors´ depth of experience and knowledge, together with their global network

will be invaluable in our efforts to become the undisputed leader in

antenna embedded radios."
"Ubidyne´s all-digital technology brings

disruptive change to a market that today relies on traditional analogue

technology that is expensive and inefficient. Ken Hawk (CEO) and Dr.

Clemens Rheinfelder (CTO and Co-Founder) have built a great team and

have demonstrated their breakthrough technology to wireless operators

and OEMs. We look forward to helping Ubidyne capitalize on this

tremendous opportunity," commented Stefan

Tirtey, Partner at Doughty Hanson Technology Ventures and member of

Ubidyne´s Board of Directors.
"BayTech is excited to join and support

Ubidyne. We consider Ubidyne´s technology a

truly disruptive breakthrough in the global cellular infrastructure

market," stated Michael Hochholzer

Investment Partner at BayTech Venture Capital.
About Ubidyne:
Ubidyne is the global leader in digital antenna embedded radio

technology for wireless communications. Ubidyne´s

standards-agnostic micro-radio technology is integrated with wireless

antennas and revolutionizes the economics of mobile communications.

These integrated active antenna systems are compatible with current and

next generation mobile standards. They eliminate the need for coaxial

feeder cables, remote electrical tilt and additional amplifiers on

antenna towers and masts. Ubidyne´s

technology significantly reduces energy consumption while improving

radio performance, deployment flexibility, coverage and capacity of

mobile communications networks globally. Visit www.ubidyne.com for more information.