The company's investors include Charles River Ventures, Matrix Partners, Opus Capital and Shasta Ventures. A $35 million funding round in April 2012 brought total investment to over $100 million, and a valuation of some $200 million, with their CEO claiming no further funding would be required now that revenues are coming in.
Senior executives bring extensive telecom industry experience from other well known companies such as Cisco, Flarion Technologies, Juniper, Nortel and Qualcomm.
SpiderCloud's E-RAN solution is designed for high traffic areas primarily in large enterprises using a so-called Enterprise Radio Access Network. A group of small cells are controlled by an in-building Services Node which co-ordinates and consolidates the traffic.
The radio heads are fully fledged NodeB basestations supporting voice and HSPA data which support any 3G UMTS mobile phone. Each radio node can transmit at 100mW (20dBm) RF power, with an external antenna increasing this to EIRP of 22dBm, giving a typical indoor range of 30-50 meters in a real-life environment, This is perhaps 3-4 times that of a typical 20mW (13dBm) residential femtocell. Power over Ethernet is used to simplify the cabling requirements.
SON (Self Organising Network) and soft handover (a standard 3G feature where the same signal is transmitted from multiple basestations) is used to reduce the signaling overhead from smartphones moving between cells, ensuring that voice calls are not dropped as people walk within a building.
The in-building Services Node also allows local breakout for voice and data services directly into the enterprise network.
The initial solution was based on 3G UMTS with integrated Wi-Fi being added in a subsequent release. Future plans are reported to include LTE.
Unlike DAS (Distributed Antenna Systems), which have been commonly used in these locations to date, the SpiderCloud system can be installed quickly in a matter of days using standard Ethernet cables without the need for specialist RF planning engineers. This allows a network operator to meet the needs of medium to large businesses quickly and cost effectively – gaining competitive advantage.
Partnered for installation services with Cellular Asset Management in 2011, who report several successful deployment of a number of small cell wireless systems in headquarter office buildings of large financial services companies in London and the Home Counties.
Announced partnership with Vodafone UK and confirmed live operation in several sites.
Announced partnership with NEC in June 2012, who added Spidercloud solutions to their small cell portfolio.The system connects to NEC's small cell gateway using the standard Iu-h interface.
Vodafone Netherlands announced commercial deployment of the system in September 2013, with further announcements in the US and Latin America anticipated.
Having completed successful trials in Europe, CMO Ronny Haraldsvik is quoted as saying the company is ready for business in the US.