Icera designs and provides soft modem chipsets that deliver high-performance communication engines for mobile broadband products including smartphones, tablets and USB sticks. Its technology supports 4G (LTE), 3G (HSPA) and 2G standards and the company planned a rollout of multimode 4G LTE and smartphone platforms in 2011. Founded in 2002 and based in Bristol, UK, Icera maintains design locations in the UK, France, USA and China, with customer engineering and sales offices across Europe, Asia and the USA. The company is led by President and CEO Stan Boland and is backed by venture capital firms Accel Partners, Amadeus Capital Partners, Atlas Venture, Balderton Capital and DFJ Esprit. Icera completed a $12.0M debt facility to support its growth efforts. Proceeds from the financings will be used to accelerate growth in the smartphone market and extend the company’s global capabilities. Icera is a Briston, UK-based mobile broadband semiconductor company that designs chipsets for high-performance, high-speed mobile broadband devices. Its chipsets target devices such as USB modem sticks and embedded modules for notebooks, netbooks, tablets and other emerging devices. The company plans to expand into the fast-growing smartphone market, and the recent financing will provide additional funding for that expansion. In May 2010 Icera raised $45m in equity capital from its existing preferred shareholders. All existing preferred shareholders participated in the round, including Accel Ventures, Amadeus Capital Partners, Atlas Venture, Balderton Capital and DFJ Esprit. Founded in 2002, Icera operates design locations in the UK, France, USA and China, with customer engineering and sales offices in Europe, Asia and the USA. Icera is a Bristol, UK-based wireless soft modem company. Founded in 2002, it developed the world's first market-proven, high-performance soft modem technology for mobile broadband phones and data devices. Its core product is a software-based modem for mobile broadband phone and data-device applications. The company targets the mobile broadband phone and data-device market. Icera raised $70 million from Atlas Ventures, Balderton Capital, Accel Partners, and Amadeus Capital Partners, according to a press release.

Total raised

$127M

Funding rounds

4

Latest round

Debt Financing

Latest activity

Jan 2011