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News
Issue #2003 - 22 (August 2003)
(Updated 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  

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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