Venture Capital Access Online | The eMarketplace for the Venture Capital Industry

 

Bookmark and Share   

Home

Marketplace
Database
Deals
News
Store
Resources
Contact Us

 

 

 

News

 

Venture Capital Database 2014 Now Available

Quintel® Secures $10 Million in Strategic Financing

Quintel is a leader in advanced multi-port/multi-band and passive beamforming antennas. Building on this momentum Quintel is pleased to announce a $10 million investment by Trillium International and a strategic partner

ROCHESTER, NY, April 14, 2014-- Quintel, the developer of high-efficiency, high-performance multiband antenna solutions for mobile operators, today announced that it has completed a $10 million financing round. The round was led by existing investor Trillium International and was joined by a key strategic partner. The investment will enable the company to accelerate growth and scale delivery capacity to meet its 400% year over year growth rate.

“With network operators continuing to roll out new technologies and additional spectrum, the need for multiband antennas is increasing rapidly. Quintel is well positioned to serve this demand and the new funding will enable us to develop a wider product portfolio and ramp up our production rates to support the needs of our customers” said Alastair Westgarth, Quintel’s President and CEO.

Strata Partners, a London-based investment bank acted as the financial adviser to Quintel for this transaction.

About Quintel

Quintel is an innovative leader in wireless network antenna technology development. The company’s products enable wireless operators to independently deploy and optimize multiple air interfaces and/or services on a single standard antenna platform. Quintel is the only antenna supplier whose products can increase a wireless network’s capacity, and the number of services, without increasing the number of antennas or size. Our core technologies originated in the United Kingdom’s Ministry of Defence, and are now deployed throughout the world. Quintel is headquartered in Rochester, New York with additional offices in North America, Europe and Asia. More information about Quintel is available at www.quintelsolutions.com.

About Trillium International

Trillium International is a Rochester, NY based private equity firm managing early stage and growth equity funds. Their investments are primarily in technology companies in North America, Europe and the Far East. Trillium International partners have extensive early stage/private equity investment and management experience, having been chief executive officers, presidents, operating executives, and board members of a wide variety of start-ups, joint ventures, and Fortune 100 multinationals. Trillium International is available at www.trilliuminternationalllc.com

About Strata Partners

Strata Partners is an independent European investment bank that provides buyside, sellside, capital raising and IPO advisory services with a focus on technology and applied technology companies. Our areas of expertise include software, digital media & Internet, IT services, business process outsourcing (BPO), IT and communications hardware, research and laboratory testing services, hi-tech engineering, advanced materials and cleantech & renewables. Strata Partners is available at www.strata-partners.com

“Quintel” and the Quintel logo are registered trademarks, and “MultiServ”, “New Dimensions in Wireless” and “SONWav” are trademarks, of Quintel Technology Limited. All other trademarks are the properties of their respective owners.


News Index

Venture Capital Database

Venture Capital Deals Spreadsheet

 

 NEWS

Latest VC News
VC News Archive
News Search
Venture Capital Deals
RSS News Feed

List Your Firm

Entrepreneurs
Investors
Advisors

Venture Capital Database

VCPro Database
Download Trial
Buy Now

Venture Capital Deals

vcaDeals
Download Sample
Buy Now

VC Tools

VC Pitch
Private Placement Memorandum

Business Plan Tools

Free Business Plan Template
Business Plan Tools

 

 

Copyright © 1998-2014 Access InterComm  All rights reserved. 
Site Map | Privacy Statement | Legal Notice & Disclaimer