SkyCross designs and manufactures high-performance antenna solutions for a variety of wireless devices, including mobile phones, personal entertainment and computing products. The company is led by CEO Ben Naskar and is based in Fremont, California. SkyCross received a $3.5M subordinated venture loan from NXT Capital. The company intends to use the proceeds to support its global growth efforts. SkyCross is backed by TL Ventures, Investor Growth Capital, Intel Capital, Gabriel Venture Partners and DOCOMO Capital. No operating metrics were disclosed in the article. SkyCross develops and manufactures high-performance 4G MIMO antenna and RF system solutions for smartphones, tablets, multiband USB modems, home entertainment, and computing devices. The company bundles antenna technology with RF system-level expertise and provides regional support from design centers in the United States, South Korea, China, and Taiwan. SkyCross emphasizes creative 3D design and manufacturing techniques to meet growing device requirements for multiple antennas and MIMO functionality. The company announced an $11 million first tranche of a Series E to support rapidly increasing business in Asia and the United States and to accelerate rollout of 4G/LTE in consumer electronics. DOCOMO Capital joined as a new strategic investor alongside existing backers, and proceeds are intended to fund operational milestones and expansion.

Total raised

$15M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Jul 2012