Magnolia Broadband

company

About

Magnolia Broadband is a fabless semiconductor company developing the beam forming technology for wireless network operators.

  • 11 - 50

Details

Last Funding Type
Series C
Last Funding Money Raised
$6M
Industries
Manufacturing,Semiconductor,Telecommunications,Wireless
Founded date
Jan 1, 2000
Number Of Employee
11 - 50
Operating Status
Active

Magnolia Broadband is a fabless semiconductor company within the wireless communications industry who has invented and patented Mobile Transmit Diversity (MTD), a beam forming technology which allows wireless network operators to offer higher data throughput and improve coverage with no change in base stations or infrastructure standards.

MTD can be deployed as a chip or as a software-only solution. Magnolia has industry's broadest IP portfolio: 28 issued patents and 24 patents pending in US, 2 issued patents and 12 pending (International/ 10 countries). issued patents are broad, fundamental & key with technical and commercial essential claims essential to MTD. Some of Magnolia's patents have broad implications beyond MTD.

Magnolia increases spectrum utilization (network capacity) by 40%, coverage and extended performance (QoS) for voice & data services offering a field proven 4 dB gain in uplink; extends battery life and SAR emissions; Rapid and cost effective deployment- NO modifications to wireless standards and legacy cellular network. Magnolia's MTD supports multi-band standards and protocols.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$22M
Magnolia Broadband has raised a total of $22M in funding over 2 rounds. Their latest funding was raised on Sep 6, 2006 from a Series E round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 6, 2006 Series E $10M 1 Detail
Jul 7, 2003 Series C $6M 1 Detail
Apr 2, 2002 Series B $6M 1 ECentury Capital Partners Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Magnolia Broadband is funded by 1 investors. ECentury Capital Partners are the most recent investors.
Investor Name Lead Investor Funding Round
ECentury Capital Partners Series E