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Issue #2003 - 11 (March 2003)
(Updated Mar. 31, 2003)


VC Investments in Wireless This Week

Recent Investments

1. Bluesocket Raises $10 Million in Third Round Funding 
Bluesocket designs and manufactures Wireless LAN security and management hardware and software. Investors : Menlo Ventures and other Current Investors

For more, go here 

2 ArcStream Raises $4,000,000 in Second Round [Watertown, MA] 
ArcStream is a wireless consulting firm that develops solutions for mobile professionals. Company offerings include strategy consulting, systems development and integration.
Investors: North Bridge Venture Partners

3. Berkana Wireless Raises $2,800,000 in Second Round Add-on [Campbell, CA] 
Berkana Wireless is a fabless semiconductor company that provides CMOS RF solutions for cellular applications.
Investors: Miramar Venture Partners (Lead), Authosis, Hansol Capital, ICCP Venture Partners, KTB Ventures, PTI Ventures, Storm Ventures

4. General Wireless, a provider of mobile messaging products to mobile operators and enterprises, today announced it has secured additional funding. The funding is led by venture capital firms Argnor Wireless Ventures and Företagsbyggarna. The funds will be used for its international expansion.

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

MobileInfo Comments and Advisory:  

 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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