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AttoCore Secures Strategic Investment For Expansion

Enhancing 4G and 5G Cellular Core Answer Growth and Increasing Market Attain

Cambridge, UK, third February 2021 – AttoCore, the developer of scalable and versatile 4G and 5G core community options is happy to announce a strategic funding from Lansdowne Funding Firm Cyprus Ltd (“LICC”).

The injection of capital from LICC will permit AttoCore to extend its head rely and speed up the event of its Atto5GC 5G Standalone Core and AttoEPC 4G Advanced Packet Core, while additional enhancing its means to handle key markets, together with private (personal) networks in Europe and the USA.

LICC is an funding automobile managed by Lansdowne Companions Austria GmbH (“LPA”), which is an Austrian Different Funding Fund Supervisor with a powerful concentrate on investing in and fostering European innovation. LPA is a part of the Lansdowne Companions group of firms.

Commenting on the funding, David Neil, AttoCore CEO mentioned: “The rising curiosity in private networks creates a big alternative for AttoCore’s scalable and versatile 4G and 5G core community options. We’re very grateful to LICC for his or her assist, enabling us to quickly carry to market and additional improve Atto5GC. Atto5GC supplies techniques integrators with a 5G Standalone Core, appropriate for enterprise use and differentiated from the massive distributors by flexibility, scalability, efficiency and worth.”

The assist of LICC comes at a really thrilling time for AttoCore. The worldwide curiosity in 5G and the discharge by nationwide regulators of spectrum appropriate for the deployment of personal networks, equivalent to these enabled by the CBRS (Residents Broadband Radio Service) programme within the USA, have created a wonderful market alternative for scalable, versatile, cellular core options. AttoCore has already equipped its product into private networks, a variety of which would be the topic of additional bulletins within the coming weeks.

Along with the assist of LICC, AttoCore will even profit from an in depth partnership with ng-voice GmbH, the provider of totally containerized (Kubernetes), cloud native 3GPP (third Era Partnership Mission) compliant, IP-Multimedia Subsystem (“IMS core”), with a minimized useful resource footprint. Based mostly in Hamburg and Berlin, ng-voice is a perfect associate for AttoCore, sharing the identical dedication to efficiency and high quality. AttoCore is happy to announce that Dr. David Bachmann, CEO of ng-voice, will be a part of the AttoCore Board of Administrators.

About AttoCore
Based in Cambridge in 2014, AttoCore develops ultra-mobile core community software program know-how that may be deployed in shopper, enterprise and repair supplier eventualities. Small footprint and top quality make it significantly effectively suited to private (personal) networks, impartial host and rural Mounted Wi-fi Entry purposes. Deployment could be on the enterprise web site, within the Cloud, as a standalone community, or interconnected with current community providers to increase wi-fi providers wherever on the planet.

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