LONDON — Intel's venture capital arm has invested $3 million in Aicent Inc (San Jose, Calif.), with the funds set to be used to accelerate the startup's 3G and 4G data roaming initiatives, including mobile WiMax.
Intel is one of the biggest backers of and investors in mobile WiMax technology.
Aicent's technology builds links between the Interweb and mobile phone networks to allow messages to pass back and forth. It claims to have over a billion mobile subscribers on 100 mobile networks.
Lynn Liu, co-founder president and CEO of Aicent said the investment from Intel Capital "will allow Aicent to expand and accelerate our research and development of new interoperability technologies that support the broad adoption of WiMax."
Aicent expects to roll out its WiMax technology in the second half of 2009. The company is also working on competing technologies such as LTE.
The company, which has 130 employees, raised $24 million in three previous rounds. Past investors include Warburg Pincus, iGlobe Partners and Qualcomm Ventures.
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