23 February 2015

Guerrilla RF completes $500,000 funding round

Guerrilla RF Inc of Greensboro, NC, USA, which provides monolithic microwave integrated circuits (MMICs) to wireless network infrastructure original equipment manufacturers, has closed on a $500,000 funding round led by Charlotte Angel Fund and joined by Piedmont Angel Network as well as a growing list of individual angel investors.

Charlotte Angel Fund is a member-driven angel investment fund designed to make investments in early-stage high-growth companies, focusing on firms headquartered in North Carolina and South Carolina. 

Founded in April 2013 by Ryan Pratt, Guerrilla RF has so far raised $1.5m in funding and introduced more than 30 products. Using patented Guerrilla Armor technology that is claimed to enable greater coverage area and higher data rates for wireless networks, applications include enterprise/carrier-class WiFi access points, small cells, wireless backhaul, and cellular repeaters.

"The strong customer interest we have seen for our products has resulted in more than six design wins in the past several months," says founder & CEO Ryan Pratt, who adds that the firm is already in a position to require mass production of its first solutions. "This latest round of funding allows us to do just that and develop additional world-class products for the wireless network infrastructure market."

According to Research and Markets, the overall wireless network infrastructure market will increase at a compound annual growth rate (CAGR) of over 5%, accounting for over $104bn in annual spending by the end of 2020.

See related items:

Guerrilla RF launches high-power, low-noise amplifier for linear transmit driver amplifiers and multi-stage LNAs spanning 700-3800MHz

Guerrilla RF launches 5GHz LNAs/PA drivers for WLAN access points

Guerrilla RF launches 700-2700MHz ultra-low-noise amplifier for small cells and distributed antenna systems

Guerrilla RF launches family of high-linearity 1700–3800MHz ultra-low-noise amplifiers

Tags: PAs LNA

Visit: http://guerrilla-rf.com