According to a recent report from Rutberg, venture capitalists invested $4.9 billion in 371 financings for the wireless industry worldwide last year. While VC was stable for the industry last year, Rutberg noticed a marked shift from carrier-based applications to consumer-direct applications.
|
VENTURE CAPITAL |
|||
|
COMPANY |
AMOUNT/ROUND |
LEAD INVESTORS |
DESCRIPTION |
|
Inside Contactless
|
N/A
|
Motorola Ventures |
Inside Contactless makes contactless payment chips and NFC technologies for mobile devices. |
|
kajeet
|
$10M
|
BlueCrest |
kajeet is an MVNO for kids and tweens. |
|
RadioFrame
|
$30M
|
Ignition Partners |
RadioFrame provides a platform for converging mobile voice and data. |