Reliance Technology Ventures Limited - Reliance Technology Ventures Ltd. Leads Investment into US-based, E-Band Communications Corporation

Store this angel in big sizeReliance Technology Ventures Limited (RTVL), the accumulated adventure basic arm of the Reliance ADA Group, has invested an bearding aggregate in E-Band Communications Corporation (EBCC) as a advance broker for its Series B round. Reliance Technology Ventures Ltd. is a 100% accessory of Reliance Capital Ltd.

1. EBCC was started in 2003 to advance ultra-high accommodation wireless communications systems for the 70/80 GHz E-band spectrum, afresh accountant by the US Federal Communications Commission for bartering communications.

2. EBCC has an absolute authorization acceding to co-develop articles and advice systems about this technology, with the $30 billion Northrop Grumman Corporation, one of the world’s better defense, aerospace and technology companies.

3. EBCC’s technology enables the accomplished accessible wireless manual speeds alignment from 1 Gigabit per additional up to 10 Gigabits per second.

4. The allotment annular includes absolute investors namely ADC and one of the better US telecom companies alternating with Reliance Technology Ventures Ltd., Investec and Hercules Technology Growth Capital.

According to Harshal J Shah, CEO of RTVL, EBCC’s technology is a able enabler of bandwidth accelerated applications. "EBCC provides wireless endure mile acceptance and backhaul which is commutual to 4G, WiMAX, broadcast antenna systems (DAS) and limited radio active (RRH), with abundant greater adaptability than acceptable earthbound networks, and the acceleration and amount capability of wireless deployment.”

As per Sam Smookler, CEO of EBCC, "EBCC not alone has the industry’s arch technology but has brought calm a world-class administration and engineering aggregation to baby to the ultra-high accommodation wireless needs of customers. We are blessed to be accepting RTVL as the advance investor. We see this as a alpha to a abounding affiliation with the Reliance ADA Group.”

Reliance Technology Ventures Ltd.
Raksha Singh
Tel: +91.22.30327039 / +91.22.30327000
Fax: +91.22.22847199
E-mail: raksha.singh@relianceada.com
www.rtvl.co.in

About Reliance Technology Ventures Limited
RTVL has audacious and / or invested in deals to the tune of over $1 billion. Yatra.com, India’s better on-line biking aperture is one of its portfolio companies. RTVL has aswell led the investment into an bearding technology aggregation which formed the base of the better adventure basic transaction in India. RTVL invests in arch bend technologies, confusing business models and technology-enabled companies about the world.