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Ubicom Secures $18 Million in Series 4 Financing Led by Lehman Brothers Venture Partners and Samsung Venture Investment Corporation

Funding reflects rapid adoption of Ubicom processor and software technology in high growth markets

SUNNYVALE, Calif. - February 19, 2008

Ubicom®, Inc., a leading provider of communications processor and software solutions, announced the completion of its Series 4 financing round totaling $18 million. Led by Lehman Brothers Venture Partners and Samsung Venture Investment Corporation, this financing also includes the company's existing investors. Brian Melton, a partner in Lehman Brothers Venture Partners, will join the board of directors.


NOTE: Ubicom and StreamEngine are trademarks of Ubicom, Inc. All other trademarks are the property of their respective holders.

Executive quote

“With their innovative and proven processor and software platform, Ubicom is well positioned to take advantage of the transition to higher speed networks and the proliferation of network connected media devices in the home,” said Brian Melton of Lehman Brothers. “We see many opportunities where this technology can be applied both now and in the future.”

Customer quote

“With their innovative and proven processor and software platform, Ubicom is well positioned to take advantage of the transition to higher speed networks and the proliferation of network connected media devices in the home,” said Brian Melton of Lehman Brothers. “We see many opportunities where this technology can be applied both now and in the future.”

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About the company

Ubicom develops communications and media processor and software platforms that address the unique demands of real-time interactive applications and multimedia content delivery in the digital home. The company provides optimized system-level solutions to OEMs for a wide range of products including wireless routers, access points, bridges, VoIP gateways, connected digital photo frames, streaming media devices, and other network devices. Ubicom’s unique multithreaded processor design, real-time operating system, and application-level solutions combine to ensure a high-quality user experience with unprecedented ease of use. Ubicom is a venture-backed, privately held company with corporate headquarters in Sunnyvale, California. For more information, visit www.ubicom.com.

Contact details

Press Contact:
Michelle Homes
LEWIS PR for Ubicom
(415) 992-4400
ubicom@lewispr.com

Company Contact:
Michelle Sims
Ubicom, Inc.
(408) 789-2210
michelle.sims@ubicom.com

Related links

www.ubicom.com


Technorati tags: Ubicom | StreamEngine | venture capital | funding | communications processor | communications software |

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