UK start up secures £2m funding for 60GHz wireless IP
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Bristol-based start up Blu Wireless has closed a £2million funding round to advance its silicon IP for 60GHz wireless applications; particularly 802.11ad Wi-Fi and 4G backhaul.
The company's baseband technology uses a flexible parallel processing architecture to support the complex modulation schemes required for emerging multi-gigabit wireless communication standards.
The IP is currently optimised for chipsets used in both advanced WiFi and 4G small cell deployments, and can be simply scaled to support the anticipated future standards as they move to 20Gb/s and beyond.
Henry Nurser, Blue Wireless' ceo, commented: "With the completion of this funding round, we will be executing our plan to become the leading supplier of baseband system IP to manufacturers in the 60GHz sector."
According to Nurser, the IP will be sold under license agreement to chipset manufacturers that compete in, or want to enter, markets that exploit the unlicensed 60GHz frequency band.
The funding round was led by Qi3 Accelerator, which represented a syndicate of more than £1m of London Business Angels private investors, including Wren Capital.