GENXCOMM SECURES $7 MILLION SERIES A INVESTMENT ROUND LED BY INTEL CAPITAL
AUSTIN STARTUP EYES FULL-DUPLEX FOR DOCSIS 3.1 AND WI-FI
GlobeNewsWire: Funding to Accelerate Deployment in 5G, Densify Wi-Fi and Double Cable Uplink/Downlink Speeds
GenXComm, an Austin-based company commercializing ground-breaking technology to improve the performance and capacity of communications networks, today announced the initial closing of a $7 million Series A investment round. The funding was led by Intel Capital, with participation from existing and new investors Azure Capital Partners, Bandgap Ventures, Capital Factory, FAM Capital Partners, Lip-Bu Tan, UT Horizon Fund and WS Investment Co. The Series A round, which could have additional investors join in a secondary closing, will be used to expand the company’s R&D team focused on robust simultaneous self-interference cancellation technology, which enables full-duplex links for Cable (DOCSIS), Wi-Fi, 5G and the Internet of Things.
PIONEER IN SINGLE CHANNEL FULL DUPLEX, GENXCOMM ANNOUNCES FUNDING MILESTONE
RCRWireless News: Full-duplex is something of a white whale for the wireless industry; Kumu Networks has developed the tech for self-backhauling small cells.
UT AUSTIN SPINOUT STARTUP GENXCOMM LANDS $1.5 MILLION IN SEED FUNDING
GlobeNewswire: GenXComm Inc., today announced closing its first priced round of equity financing to support product development and partner integration projects for single frequency full duplex radios. Complete details of the equity financing have not been disclosed at the moment.
STARTUP PREPS SUB-W, FULL-DUPLEX CHIP
Silicon Hills News: One of the latest startups to spin out of the University of Texas at Austin, GenXComm has received a $1.5 million seed round of financing. The Austin-based startup is focused on doubling the amount of traffic a wireless network can handle. Its patent-pending technology is called S-SIX.
UT HORIZON FUND INVESTS IN GENXCOMM TO FULL DUPLEX TECHNOLOGY
EETimes:: GenXComm is gearing up a Series A round to fund at least two tapeouts to bring its interference-canceling technology to market. The startup believes that it will enable full-duplex links for Wi-Fi, 5G cellular, and the Internet of Things with lower power than rival Kumu Networks.
GENXCOMM SCORES SEED FUNDING TO CHANGE HOW TELECOM GIANTS LIKE AT&T RUN THEIR WIRELESS NETWORKS
Microwave Journal: GenXComm has closed a fully-subscribed round of seed financing, with investments from the UT Horizon Fund and other investors. The financing will provide the capital to pursue the commercialization of the company's full-duplex technology, including key hires, engagements with strategic partners and applying the technology to various applications and markets.
Austin Business Journal: The Austin startup led by a UT professor is moving from the proof-of-concept phase to field tests with its technology. It plans to double its headcount in the next year, and has devised a way to more efficiently use the wireless spectrum, potentially changing how telecom companies operate networks worldwide.