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RadioFrame Network Inc., has recently raised $ 28 million in combined Series F equity and debt financing led by Ericsson Venture, Ignition Partners, VantagePoint Venture Partners and a new entrant, Plainfield Asset Management. Based in Redmond, Washington, USA, RadioFrame Networks Inc., is the global leading provider of complete radio access solutions for Tier 1 mobile operators and OEM partners. The company is a pioneer in initiating the concept of supplemental coverage and capacity in cellular RF.

Since 2001, the leading provider of femtocell and picocell  radio access solutions, has raised more than $100 million with a back support of some well known names in the wireless industry. It provides a complete network friendly radio access solution, so that operators can get to market quickly. Thus, it plays a pivotal role to serve and provides an integrated management capabilities.

The company will use the funding in enhancing the operations and targets set to cater the needs of ever growing femto and picocell in the Network niche.

Jeff Brown, RadioFrame Networks CEO, has high aims and is planning to utilize this capital in developing a more feasible and highly efficient solution.

We are excited to continue our funding of RadioFrame and have Plainfield Asset Management join our group of premiere wireless investors.With the growing excitement around the femto and picocell categories in wireless networking, it is a great time for RadioFrame as we have developed a cost effective, high performance solution that will deliver the promise of the technology.

He further added that the company did a remarkable job by using funding (it has raised so far) and its strategies & plans have already gained a meaningful market advantage:

Last year we made a big commitment to design and produce our own silicon specifically for femtocell use and that is translating into a meaningful market advantage for RFN. Our OmniRadio processor gives RFN customers both a performance and cost advantage that will drive femtocell adoption across a broad market.