Successful CMOs achieve growth by leveraging technology. Join us for GrowthBeat Summit on June 1-2 in Boston
, where we'll discuss how to merge creativity with technology to drive growth. Space is limited. Request your personal invitation here
Touting a technology that promises to increase the capacity of wireless networks, Kumu Networks just snagged $15 million in a funding round led by Third Point Ventures with participation NEA and Khosla Ventures.
Founded in 2012, the Santa Clara, Calif.-based startup stems from CEO Sachin Katti’s research at Stanford University, where he discovered a way to remove radio interference that creates spectrum fragmentation issues across wireless networks.
“Conceptually, the solution that we came up with is very similar to a noise-canceling headset,” said Joel Brand, Kumu’s vice president of product management, who described himself as the only guy in the office not messing around with the technology. “We look at the transmitter signal, and we inject a reverse noise that cancels that initial noise.”
Self-interference is a problem for all wireless technologies, including 3G, 4G, Wi-Fi, and Bluetooth networks. By negating that interference, Kumu’s solution could potentially double the capacity of wireless networks, according to Brand.
Another notable wireless technology is DIDO, which eliminates interference for users sharing the same spectrum. But Brand thinks Kumu’s solution is unique, at least in the commercial marketplace.
“Different companies are trying to improve performance of filters, make them smaller, cheaper, operate on a wider frequency band — and those are all extremely important — but they are not canceling frequencies,” he told VentureBeat.
Kumu’s tech, as it exists today, works for wireless base stations (infrastructure), but the company will use its newfound cash reserves to shrink it down to chip size so it works in mobile phones and Wi-Fi devices.
Not that Kumu really needed the money.
“We don’t need the money yet,” said Brand. “But there was a lot of inbound interest from a lot of strategic partners… In the process, we decided we did not want to commit to any one particular partner, and we opted to take money from a few financial investors that will allow us to keep complete neutrality with future partners.”
Kumu’s tech is being considered as the foundation for next-generation 5G and high-efficiency WiFi standards, according to the company.
“Yesterday, this technology was not possible, and today it’s possible,” said Brand. “That’s what makes us different.”
New Enterprise Associates, Inc. (NEA) is a leading venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors and geographies. With approximately $11 billion in committed cap... read more »
Khosla Ventures is a venture capital firm run by people who listen to, analyze, and advise entrepreneurs. We manage a main fund that supports early- and late-stage investments and a seed fund for developing very early-stage experiments... read more »
Kumu Networks is revolutionizing the way wireless systems are built using its innovative full-duplex wireless design. Wireless full-duplex allows a radio to transmit and receive signals at the same time using a single frequency channel... read more »
Powered by VBProfiles
VentureBeat’s VB Insight team is studying marketing analytics...
Chime in here, and we’ll share the results