Welcome!

Agile Computing Authors: Pat Romanski, Shelly Palmer, Glenda Sims, Paul Simmons, APM Blog

Blog Feed Post

Genesis Technical Systems attracts new investment funding from Harwell Capital

£1.2 Million capital boost helps with commercialisation of mBond™ and DSLRings® technologies for superfast broadband

Coventry, UK - 28 January 2014 - Coventry-based Genesis Technical Systems, a provider of superfast broadband over copper, has attracted over £1.2 Million ($2 Million CDN) investment from venture capital firm Harwell Capital. Harwell invests in companies developing technology solutions for everyday business and consumer challenges.

Genesis, whose team is quickly becoming known as the 'Copper Revolutionists,' was selected by Harwell Capital for investment, in recognition of the potential of the ground-breaking broadband technologies it is currently developing.

New investment will enable Genesis to bring mBond and DSL Rings to market. mBond, which has delivered over 100 Mb/s over 1 mile in Telco field trials, is for mobile operators wanting to rapidly supercharge their existing backhaul. DSL Rings, capable of delivering up to 400 Mb/s fixed line broadband, is for fixed line operators wanting a cost-effective technology to deliver superfast broadband at a fraction of the cost of other solutions.

"This landmark investment from Harwell Capital is a great confidence boost at a critical moment in our company strategy. It means we can accelerate our efforts from the innovation and development phase into full commercialisation," said Nigel Hall, CEO Genesis Technical Systems. "Both mBond and DSL Rings are generating market attention and provide real and exciting alternatives to the high-cost migration to fibre. We have completed trials in Asia and Europe with excellent feedback and first orders are expected in the summer !"

Harwell Capital was established to offer private clients the opportunity to invest in privately held technology companies at lower levels than offered by private equity funds, allowing investors to build their own technology portfolio with the potential to deliver superior returns and capital growth. Harwell Capital believes that innovation and new technology will be a major driver of growth, and can deliver an excellent performance for investors.

"Genesis Technical Systems has already attracted interest from telecoms operators all over the world. Our investment will help them move quickly to the next stage of their very exciting journey," said Rupert Gladitz, Chief Executive at Harwell Capital.

As well as attracting top quality staff and landmark funding, Genesis is being recognised by the Telco industry, consistently being nominated for and winning a number of awards. In 2012 Genesis won the Fierce Telecom Last Mile Innovation Award for its DSL Rings, and last year Genesis was shortlisted for two SPIFFY awards, and also for the Total Telecom Innovation Award, one of the World Communication Awards.

ENDS

About Genesis
Genesis Technical Systems, provider of DSL Rings® and mBond™, creates cutting-edge broadband technologies that enable fixed and mobile telecoms operators to cost effectively deliver ultra-fast mobile and fixed broadband services, over existing copper networks to meet increasing broadband traffic demands.

DSL Rings® changes the competitive landscape for voice, video and data telecommunications services by enabling superfast Internet bandwidth to rural and urban customers at a fraction of the cost and deployment time of other solutions.

mBond™ provides mobile telecommunications operators with a unique opportunity to dramatically enhance their copper-wired base stations' capacity. Bandwidth needs are significantly increasing with the deployment of high speed data services such as 3G and LTE. Therefore, telecoms operators need to enhance their BTS backhaul as fast as possible while keeping their costs low.

Genesis has offices in Calgary, Canada, and Coventry, United Kingdom.

For more information about Genesis and revolutionising copper broadband check out this video and visit www.genesistechsys.com.
You can also find Genesis at:
www.twitter.com/genesistechsys
www.facebook.com/genesistechsys
www.linkedin.com/company/genesis-technical-systems

Media Contacts

Clair MacKenzie
Genesis Technical Systems
Marketing Director
Tel (Mobile) +44 (0) 7823 332410
[email protected]

Amy Macdonald
Proactive PR
Tel (Office): +44 (0) 1636 812152
Tel (Mobile): +44 7824 152 084
[email protected]

Source: RealWire

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

@ThingsExpo Stories
DX World EXPO, LLC, a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of the 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to gre...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develop...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"IBM is really all in on blockchain. We take a look at sort of the history of blockchain ledger technologies. It started out with bitcoin, Ethereum, and IBM evaluated these particular blockchain technologies and found they were anonymous and permissionless and that many companies were looking for permissioned blockchain," stated René Bostic, Technical VP of the IBM Cloud Unit in North America, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventi...
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.