Issue #2003 - 07
ACQUISITIONS, MERGERS &
VC Investments in Wireless
IceFyre Semiconductor Raises $19,000,000 [Canada]
IceFyre Semiconductor builds fabless semiconductors. The company has developed system on chip designs for high-speed wireless markets. In particular, the chips are designed for 802.11a wireless LANs.
INVESTORS: Business Development Bank of Canada, Covington Capital, Kodiak Venture Partners, Motorola Ventures, Prism Venture Partners, TD Capital, VenGrowth
Sarantel Raises $5,700,000 in Second Round [U.K.]
Sarantel provides high-performance antennas for mobile devices. Its antennas have applications in handheld and automotive GPS, WLAN and Bluetooth, and mobile telephones.
INVESTORS: eTechnology VCT, MTI Partners, VCF Partners
Wysdom Raises $5,100,000 in Third Round [Canada]
Wysdom provides mobile network operating system software. Its flagship software, Wysdom MAP-OS, helps operators develop new mobile data services.
INVESTORS: Covington Capital, VenGrowth
Sepro Raises $3,250,000 in Second Round [Ireland]
Sepro is a provider of rating and billing software for use by wireless carriers to deploy MMS, WLAN, GPRS, 3G and other data services. Its flagship products include e-Rate Rating, a unified rating engine that evolves, rather than replaces existing IP
INVESTORS: Trinity Venture Capital (Lead), AIB Equity
Clarisay Raises New Funding [Dallas, TX]
Clarisay makes surface acoustic wave (SAW) components for wireless handset applications. Clarisay's products include GPS, AMPS/CDMA, EGSM, DCS, PCS, and Cable Tuner RF SAW filters.
INVESTORS: Motorola Ventures
Bitfone Raises Second Round Add-on from Orange Ventures [Laguna Nigel, CA]
Bitfone creates Java-based software for global wireless carriers. Its mProve software delivers over-the-air updates of applications on mobile devices.
INVESTORS: Orange Ventures
Source: Various press releases
For more information: http://www.venturereporter.com
MobileInfo Comments and Advisory: VCs
continue to support wireless startups in chips, handsets, WiFi and
Note: This news release may contain
forward-looking statements within the meaning of section 27A of the
Securities Act of 1933 and section 21E of Securities Exchange act of
1934 in USA. Similar provisions exist in other countries. There is no
assurance that the stipulated plans of vendors will be implemented.
MobileInfo does not warrant the authenticity of the information.
Readers should take appropriate caution in developing plans utilizing
these products, services and technology architectures. All
trademarks used in this summary are the property of their respective