The Boston Business Journal reports that Newlans, an Acton (Massachusetts)-based maker of broadband analog signal processing devices, has raised $15 million in Series B funding, led by California-based Intel Capital. The founder and CEO of Newlans is alumnus Dr. Dev Gupta '77 Ph.D., an adjunct professor in the Electrical and Computer Engineering Department. The money will be used to accelerate the company's development and commercialization of a device that targets front-end radio frequency modules for 4G LTE mobile phones. Existing investors Paladin Capital Group and Lockheed Martin Corp., based in Washington DC and Maryland respectively, also participated in the round.
“This new funding is a significant milestone in realizing Newlans’ game-changing vision for RF front-end solutions,” said Gupta. “The adoption of our Programmable Duplexer will reduce cost and time to market for 4G mobile devices with global LTE operation, as well as support the ever-increasing demand for multi-band Carrier Aggregation. We will use this funding to accelerate product commercialization, build-out our engineering and manufacturing team, and engage early adoption partners and customers.”
Newlans is building programmable, broadband, analog, signal-processing solutions which break the rigidity of today’s Smartphone RF front ends, thus solving the proliferation of LTE bands while reducing cost, size, and power consumption. Newlans’ revolutionary technology enables Smartphone handsets to use a common platform across operators and to add bands without re-design for faster time to market and reduced costs in supply chain, inventory, and distribution.
With the prolific expansion of LTE bands and worldwide adoption of Carrier Aggregation, multiband, multi-mode, mobile devices are becoming increasingly difficult to design cost-effectively. Since the inception of the mobile phone, the area between the antenna and transceiver has changed little with regard to architecture and level of integration.
“Newlans is pioneering new approaches to RF front-end tuning,” said Stefan Wolff, vice president, Intel’s Platform Engineering Group & COO of Intel’s Wireless Platform R&D. “They are truly redefining the way RF filtering is being implemented, and we are pleased to see them apply this disruptive technology to mobile devices. We look forward to working together with Newlans to commercialize this critical technology.”
Gupta was the recipient of a 2010 Distinguished Alumni Award from the UMass Amherst Alumni Association. Each year the Alumni Association honors alumni, faculty, and friends who have built on their UMass Amherst experience to make distinguished achievements in the public, business, or service realms.
Before receiving his doctorate in electrical engineering from UMass Amherst in 1977, Dr. Gupta earned his bachelor’s degree in technology from the Indian Institute of Technology and a master’s degree from the University of Maine.
Dr. Gupta has built a reputation as an expert in broadband and network access infrastructure technology. To date, he has founded four companies – Newlans, Narad Networks, Maxcomm Technologies, and Dagaz Technologies. A renowned innovator, Dr. Gupta was named a Technology Pioneer for the years 2001 and 2002 by the World Economic Forum. He is also a charter member of Tie-Atlantic 2000, an organization of Indian business executives. (May 2014)