US-based Vanu Inc, maker of software radios and base stations for cellular operators, has raised $32 million from Tata Capital, Norwest Venture Partners and existing backer Charles River Ventures (CRV), reports PeHub. This is a strategic investment on part of Tata’s as Vanu’s product will have application for its telecom services arm.
Last year, Vanu had raised $9 million in Series A investment round led by CRV. Vanu is headed by Dr Vanu Bose,the son of Amar Bose of Bose acoustics fame, and is based out of Cambridge, Massachusetts. The firm also has business development centers in Bangalore, Gurgaon and Mumbai.
An MIT graduate, Vanu Bose had helped develop software solutions that allow operators to switch from one standard from GSM to CDMA. The firm, which was formed in 2003, is now planning to take this application to the 3G and 4G level. Vanu’s firm has also been awarded the first software radio access network (RAN) by the United States Federal Communications Commission (FCC).
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