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Issue #2003 - 16 (May 2003)
(Updated May 15, 2003)


VC Investments in Wireless This Week

Recent Investments

1. Vocera Communications Raises $8,000,000 in Fourth Round [Cupertino, CA] 
Vocera Communications is a wireless company specializing in the 802.11b sector.
INVESTORS: Granite Global Ventures (Lead), Avalon Ventures, RRE Ventures, Vanguard Ventures, Venrock Associates

2. Airgo Networks Palo Alto, CA raised $20 Million in third round
Investors: OVP Venture Partners
Airgo Networks develops multi-antenna signal processing technology for WLANs.

3. Staccato Communications San Diego, CA received $7.5Million in its first round.
Investors: Bay Partners, Charles River Ventures, and Allegis.
Capital Staccato makes fabless semiconductor firm that makes products for Ultrawideband (UWB) systems.

4. Shazam Entertainment London, U.K received $6.61Million (undisclosed round). 
Investors: Undisclosed
Shazam operates a downloadable ring tone service in Europe.

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

MobileInfo Comments and Advisory: Wi-Fi dominates.

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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