Ubiquisys, the Swindon-based company responsible for the tiniest of mobile base stations, has raised another $19m in VC cash, bringing the total to almost $86m.
That money hasn't arrived all in one go - Ubiquisys started spending other peoples' money with a cash injection of $12m back in 2006, followed by $25m a year later and two more rounds since then.
But that's a reflection of an industry which saw huge potential, failed to realise it, and then noticed the technology could revolutionise mobile in an entirely different way.
Femtocells are self-configuring base stations, starting with a list of their
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