Lime Microsystems Ltd

Lime Microsystems Ltd is a technology company specializing in field-programmable RF technology, enabling innovative wireless solutions. Their products support diverse applications, enhancing telecommunications and research capabilities globally. Founded in 2005 in Guildford, UK, Lime Microsystems Ltd focuses on developing cutting-edge RF technologies. The company has undergone strategic pivots to enhance its product offerings, specifically in software-defined radio (SDR) solutions.

CEO Ebrahim Bushehri leads the company, which has not reported any known subsidiaries or parent companies. Lime Microsystems has successfully raised a total of GBP 1. 10 million in its most recent funding round in November 2016 from various investors, including ACT Venture Capital and In-Q-Tel, valuing the company at GBP 26. 71 million post-money.

The company has completed seven deals in total. Lime Microsystems specializes in field-programmable RF technology, offering innovative solutions through its flagship LimeSDR platform. This technology supports a variety of applications, including radio astronomy and personalized telecommunications. Their SDR products are designed for flexibility, allowing users to adapt radio functions according to specific operational needs.

The company caters to a broad clientele, including telecommunications providers and technology developers in North America, Europe, and Asia, enabling advancements in sectors such as IoT and smart cities. Lime Microsystems generates revenue through direct sales and partnerships in the technology sector, primarily focusing on B2B transactions. Their business model includes hardware and software solutions, with clients engaging in purchasing agreements for both one-time hardware acquisitions and ongoing support services. Revenue is structured around various service plans, including subscription models for software updates.

The LimeSDR platform is a key revenue driver for the company, which offers solutions across multiple price points for diverse organizational needs. Lime Microsystems aims to leverage its recent funding of GBP 1. 10 million, secured in November 2016, to support the development of new products and expansion into targeted markets. The company plans to enhance its product portfolio with new innovations in SDR technology.

Additionally, Lime Microsystems is exploring opportunities to expand into emerging markets across Europe and Asia. The recent funding will be utilized to facilitate these initiatives, driving forward their growth strategy.