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 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:
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