Quantance, a manufacturer of the industry’s fastest power
supply for 4G mobile devices, announced that it has raised $11 million in
Series C funding. Investors include TD Fund, Granite Ventures, InterWest
Partners and DoCoMo Capital.
This funding will be used to expand the Quantance family
of power management products, including ultrafast power supplies for 4G
devices. Quantance’s patented and field-tested technology makes faster uplink
speeds, improved performance and better network coverage a reality for
consumers of smartphones, tablets and data cards.
Additionally, the funding will support extension of the
company’s intellectual property into next-generation products serving broader
markets, and enable Quantance to
grow its employee base by at least 50 percent this year.
“We are all looking for longer battery life and
better data performance from our mobile devices. To achieve this, a power
supply must constantly adapt to deliver power only when it is needed,
maximizing both performance and economy,” said Vikas Vinayak, Quantance’s
CEO and co-founder.
“Yet, batteries and power supplies have not kept up
with the consumer’s voracious appetite for accessing mobile content and
applications when and where they want them. Some generate voltage efficiently,
others generate it quickly – but none can do both simultaneously. Quantance’s
ultrafast power supply bridges that divide to deliver the full promise of 4G
wireless and enable the next generation of computer-intensive mobile and server
processing,” Vinayak added.
Conventional power supplies for 4G devices switch at
4MHz. Quantance’s technology works at the equivalent of 400MHz without
materially reducing efficiency, which commonly happens when speed is increased
in conventional power supplies.
This extraordinary performance enables 4G devices such as
smartphones and tablets to drastically increase upload speeds, improving the
user experience and enhancing network capacity.
By Telecomlead.com Team