UK-based telecommunication services provider Cambridge Communication System (CCS) has raised $10m in a funding round led by networking and communications equipment maker Adtran, according to Business Weekly.
Adtran invested $5m into the round, investing alongside investment firm Etagra Group, venture capital firm IG Capital and angel syndicate Cambridge Angels.
Founded in 2010, CCS has created Metnet, a small cell microwave backhaul system that is used by mobile network operators to enable and create data services.
The company’s plug-and-play technology can be installed in under 15 minutes, with no need for radio planning, and can be used for small cell backhaul such as 3G, 4G LTE and 5G, public wifi , CCTV and fixed wireless access.
CCS previously raised $6.5m in a 2013 funding round led by chairman Robert Sansom and with participation from Touchstone Innovations, a subsidiary of commercialisation firm IP Group, as well as Cambridge Angels, Etagra Group, Cambridge Capital Group and assorted angel investors.
Touchstone Innovations had already contributed to a $1.9m seed round in 2012 led by Sansom and with further participation from Cambridge Angels, Cambridge Capital Group and private investor David Cleevely.
Martin Harriman, executive chairman at CCS, said: “This major strategic investment will speed delivery of our next-generation product roadmap, and enable us to accelerate our ambitious market growth plans across key territories and target application areas, including gigabit FWA.”
– This article first appeared on our sister site, Global Corporate Venturing.

UK-based telecommunication services provider Cambridge Communication System (CCS) has raised $10m in a funding round led by networking and communications equipment maker Adtran, according to Business Weekly.

Adtran invested $5m into the round, investing alongside investment firm Etagra Group, venture capital firm IG Capital and angel syndicate Cambridge Angels.

Founded in 2010, CCS has created Metnet, a small cell microwave backhaul system that is used by mobile network operators to enable and create data services.

The company’s plug-and-play technology can be installed in under 15 minutes, with no need for radio planning, and can be used for small cell backhaul such as 3G, 4G LTE and 5G, public wifi , CCTV and fixed wireless access.

CCS previously raised $6.5m in a 2013 funding round led by chairman Robert Sansom and with participation from commercialisation firm Touchstone Innovations, Cambridge Angels, Etagra Group, Cambridge Capital Group and assorted angel investors.

Touchstone Innovations had already contributed to a $1.9m seed round in 2012 led by Sansom and with further participation from Cambridge Angels, Cambridge Capital Group and private investor David Cleevely.

Martin Harriman, executive chairman at CCS, said: “This major strategic investment will speed delivery of our next-generation product roadmap, and enable us to accelerate our ambitious market growth plans across key territories and target application areas, including gigabit FWA.”