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Neul's $12.8M fund to support M2M radio trials

Posted: 04 Jul 2011 ?? ?Print Version ?Bookmark and Share

Keywords:M2M communications? TV white-space? weightless standard?

Startup Neul Ltd recently announced that it has generated a total of $12.8 million from a venture capital syndicate. The company is noted for its collaboration with Microsoft, Nokia and Samsung on the TV white-space spectrum for machine-to-machine (M2M) communications.

The syndicate is led by European venture capital firm DFJ Esprit, and includes IQ Capital and Cambridge Angels. The founders and employees have also invested.

The funding helps to underpin wireless data trials already underway, including the trial announced on June 27 by the Cambridge Consortium made up of the BBC, BSkyB, BT, Cambridge Consultants, Microsoft, Neul, Nokia, Samsung, Spectrum Bridge and TTP.

Neul was founded in 2010 by some of the founders of Cambridge Silicon Radio, which pioneered the development of single-chip Bluetooth transceivers in CMOS. Neul has developed a wireless architecture and protocol that could use the 400MHz to 800MHz UHF band used for television broadcasts for M2M communications. Neul will shortly launch the "Weightless" standard that covers the proposed communications.

Neul's adaptive white-space wireless technology uses whatever channels are left open by digital TV services in a particular geographic region. It is being pitched to service some 50 billion connected M2M devices, including applications from smart metering to local broadband delivery, transportation and personal health devices.

"Having worked with the founders in their last venture, I am excited to be working again with the team that has pioneered game-changing wireless technology in Europe," said Simon Cook, CEO of DFJ Esprit.

- Nicolas Mokhoff
??EE Times

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