Issue #2003 - 22
August 13, 2003)
ACQUISITIONS, MERGERS & AGREEMENTS
Recent VC Investments in Wireless
1. Inphonic Raises $56,000,000 from Technology Crossover Ventures [Washington, D.C.]
Inphonic provides wireless and data communications systems to corporations.
INVESTORS: Technology Crossover Ventures (Lead)
2. Sandbridge Technologies Raises $3,000,000 in Second Round Add-on [White Plains, NY]
Sandbridge Technologies is a fabless semiconductor company working to develop broadband wireless chipsets for handheld devices.
INVESTORS: Siemens Venture Capital
3. Zensys, raised new venture
funding recently for a total of $6.9 million.
4. Adimos Raises $12,000,000 in First Round [Israel]
Adimos is a privately-held wireless company providing wireless multimedia connectivity solutions for consumer appliances in the home.
INVESTORS: Benchmark Capital, Gemini Israel Venture Funds, Genesis Campus, Jerusalem Venture Partners
Source: Venture Reporter
For more information: http://www.venturereporter.com
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