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Issue #2003 - 08 (March 2003)
(Updated Mar. 10, 2003)


VC Investments in Wireless This Week

Cognio Raises $12,500,000 in Second Round [Natick, MA] 
Cognio is developing "smart" wireless networks that make significant gains in performance, reliability, and control over conventional wireless networks.
INVESTORS: ABS Ventures, North Bridge Venture Partners

M-Stream Raises $1,500,000 in First Round [Israel] 
M-Stream is an early stage wireless company developing technologies to enhance cellular communications. It has an R&D center in Kfar-Saba, Israel.
INVESTORS: Applied Materials Ventures, Broadcom

BayPackets, a communications software provider in Fremont, California , today announced a $21+ million C round of funding.
INVESTORS:  TL Ventures and Investcorp, with a strategic investment from Intel Capital.
Baypackets provides voice solutions over cable.

Source: Various press releases and VentureReporter 
For more information: http://www.venturereporter.com

MobileInfo Comments and Advisory: Two investments this week in wireless and one in related field is all we can report.

 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 owners.

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