Zouk Capital invests in ip.access to accelerate leadership in small cell market
Zouk Capital has invested in ip.access, a leading provider of small cell solutions to blue chip customers worldwide. The investment will be used to fund the growth of the business and to accelerate development of ip.access’ next generation 2G/3G/4G multi-mode small cell products.
Malcolm Gordon, an experienced telecom industry executive, who was most recently COO of IPWireless and CEO of General Dynamics Broadband now joins as CEO. Samer Salty and Andrew Whiting of Zouk Capital will join the board and support the management team in taking the company to the next level.
Samer Salty commented: “We are excited about the future for ip.access and believe that as a technology leader, the company is ideally placed to take advantage of the exponential growth in mobile data usage globally. We are delighted to welcome Malcolm on board as CEO.”
Malcolm Gordon added: “The market is at the inflection point driven by the significant increase in mobile data traffic. Small cells will play an increasingly important role in the mobile network infrastructure going forward and we believe that ip.access is poised to have significant influence in these developments. I am excited to be heading up ip.access and delivering market leading solutions to our customers.”