News Article

Newlans, Inc. Raises $15 Million in Series B Funding, led by Intel Capital with participation from Paladin Capital and Lockheed Martin
Date: Feb 24, 2014
Source: PRWeb ( click here to go to the source)

Featured firm in this article: Newlans Inc of Acton, MA



Newlans, a technology innovator in RF solutions, today announced that it has closed $15 million in Series B funding to accelerate the company's development and commercialization of its Programmable Duplexer targeting front end radio frequency modules for 4G LTE mobile devices and small cells. The investment was led by Intel Capital with participation from existing investors Paladin Capital and Lockheed Martin Corporation.

"This new funding is a significant milestone in realizing Newlans' game changing vision for RF Front End solutions. The adoption of our Programmable Duplexer will reduce cost and time to market for 4G mobile devices with global LTE operation, as well as support the ever increasing demand for multi-band Carrier Aggregation," said Dev Gupta, Founder and CEO, Newlans. "We will use this funding to accelerate product commercialization, build-out our engineering and manufacturing team and engage early adoption partners and customers."

With the prolific expansion of LTE bands and worldwide adoption of Carrier Aggregation, multiband, multi-mode mobile devices are becoming increasingly difficult to design cost effectively. Since the inception of the mobile phone, the area between the antenna and transceiver has changed little with regard to architecture and level of integration. Newlans has developed breakthrough technology that will change the way future front ends of mobile devices are implemented.

"Newlans is pioneering new approaches to RF front end tuning," said Stefan Wolff, Vice President, Intel's Platform Engineering Group & COO of Intel's Wireless Platform R&D. "They are truly redefining the way RF filtering is being implemented and we are pleased to see them apply this disruptive technology to mobile devices. We look forward to working together with Newlans to commercialize this critical technology."