Zinwave secures $10M funding

Press release, 06 March 2008

Zinwave, a company founded by Professor Alwyn Seeds with colleagues from Cambridge University and industry to exploit wireless over fibre technology developed by UCL and Cambridge has announced the closing of an US $10 million dollar Series B funding round. The company manufactures systems to provide cellular and other forms of wireless coverage in areas where conventional wireless coverage is poor.

Further information on the company and its products can be found at www.zinwave.com.

For further information on the Series B investment round, click here and here (PDF file).


Notes for editors

1. About the London Centre for Nanotechnology

The London Centre for Nanotechnology is an interdisciplinary joint enterprise between University College London and Imperial College London. In bringing together world-class infrastructure and leading nanotechnology research activities, the Centre aims to attain the critical mass to compete with the best facilities abroad. Research programmes are aligned to three key areas, namely Planet Care, Healthcare and Information Technology and bridge together biomedical, physical and engineering sciences. Website: www.london-nano.com

2. About University College London

Founded in 1826, UCL was the first English university established after Oxford and Cambridge, the first to admit students regardless of race, class, religion or gender, and the first to provide systematic teaching of law, architecture and medicine. In the government's most recent Research Assessment Exercise, 59 UCL departments achieved top ratings of 5* and 5, indicating research quality of international excellence.

UCL is in the top ten world universities in the 2007 THES-QS World University Rankings, and the fourth-ranked UK university in the 2007 league table of the top 500 world universities produced by the Shanghai Jiao Tong University. UCL alumni include Marie Stopes, Jonathan Dimbleby, Lord Woolf, Alexander Graham Bell, and members of the band Coldplay. Website: www.ucl.ac.uk