|Series D, 1/2006 |
Quantum Technology Partners
|Series E, 9/2006 |
The Grosvenor Funds
Western Technology Investment
Draper Fisher Jurvetson (DFJ)
ECentury Capital Partners
|Venture Round, 8/2009 ||$3.35M|
|Venture Round, 7/2013 |
Magnolia Broadband is a fabless semiconductor company within the wireless communications industry who has invented and patented Mobile Transmit Diversity (MTD), a beam forming technology which allows wireless network operators to offer higher data throughput and improve coverage with no change in base stations or infrastructure standards.
MTD can be deployed as a chip or as a software-only solution. Magnolia has industry’s broadest IP portfolio: 28 issued patents and 24 patents pending in US, 2 issued patents and 12 pending (International/ 10 countries). issued patents are broad, fundamental & key with technical and commercial essential claims essential to MTD. Some of Magnolia’s patents have broad implications beyond MTD.
Magnolia increases spectrum utilization (network capacity) by 40%, coverage and extended performance (QoS) for voice & data services offering a field proven 4 dB gain in uplink; extends battery life and SAR emissions; Rapid and cost effective deployment- NO modifications to wireless standards and legacy cellular network. Magnolia’s MTD supports multi-band standards and protocols.