Magnolia Broadband is a fabless semiconductor company developing the beam forming technology for wireless network operators.
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.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Sep 6, 2006 | Series E | $10M | 1 | — | — | Detail |
Jul 7, 2003 | Series C | $6M | 1 | — | — | Detail |
Apr 2, 2002 | Series B | $6M | 1 | ECentury Capital Partners | — | Detail |
Investor Name | Lead Investor | Funding Round |
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ECentury Capital Partners | — | Series E |