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Issue #2003 - 30 (November 2003)
(Updated Nov. 26, 2003)


VC Investments in Wireless Past Two Weeks

Recent Investments

1. RF Magic Raises $24,000,000 in Series C Round [San Diego, CA] 
RF Magic is a developer of radio frequency integrated circuit solutions for the emerging, broadband access consumer markets supporting multiple access devices for the delivery of data, voice, video, and Internet traffic.

INVESTORS: Anthem Venture Partners, CMEA Ventures, Conexant, EchoStar Communications Corporation, Finaventures, Granite Ventures, Hamilton Apex Technology Ventures, Texas Instruments, Waypoint Ventures

2. MobileWay Raises $17,000,000 in Series C Round [San Ramon, CA] 

INVESTORS: Mayfield (Lead), CDP Capital, Intel Capital

3. OEwaves Raises $6,000,000 in Series C Round [Pasadena, CA] 
OEwaves is a manufacturer of ultra-low phase noise, high frequency signal sources and related components.

INVESTORS: Agilent Ventures (Lead)

4. End2End Raises $17,790,150 [Denmark] 
End2End is a managed service provider for mobile data services. The company operates a carrier-grade service delivery infrastructure from which it delivers third-party developed software solutions as managed services, as well as Technology Hosting and .

INVESTORS: Draper Fisher Jurvetson ePlanet Ventures (Lead), Deutsche Bank, Hewlett-Packard

5. Wisair Raises $15,500,000 in Series B Round [Israel] 
Wisair is a developer of chipset solution for high performance wireless communications, based on the UWB (Ultra Wide Band) technology. The company's UWB chipset enables low power and high bit-rate communication modules and system solutions for the fast.

INVESTORS: Apax Partners (Lead), Bynet Ventures, Individuals, RAD Group, Tamar Technology Ventures, Vertex Venture Capital Israel

6. MobileAccess Networks Raises $10,000,000 [Vienna, VA] 
MobileAccess Networks is an equipment developer of converged wireless networks for corporate enterprises and wireless service providers. The MobileAccess Product Family leverages patented techniques for the transmission of Radio Frequency (RF) signals .

INVESTORS: HarbourVest Venture Partners, Others, Pitango Venture Capital [fka Polaris Venture Capital], Poalim Capital Markets Technologies

7. Artimi Raises Funds in Private Equity Round [UK] 
Artimi is a fabless semiconductor company developing silicon solutions for high bandwidth wireless connectivity based on Ultra Wideband (UWB) technologies. The company's solution offers a high data rate, low transmitted power for ubiquitous Wireless Lo...

8. Columbitech Raises Funds [Sweden] 
Columbitech is a developer of secure wireless data communication software. The company's products are primarily intended for systems where a wireless connection is needed to a company's own internal network providing a faster and more secure transfer.

INVESTORS: Undisclosed

9. PurpleACE Raises Funds in First Round [Singapore] 
PurpleACE is a provider of solutions enabling new models of content distribution and management. The company's products are designed to increase data service revenues for operators, differentiate handsets, and ensure repeat sales for device manufacture.

INVESTORS: Siemens Mobile Acceleration

10. Nujira of UK Secures $850K Seed Funding 
CAMBRIDGE, U.K. -- Nujira Ltd, the Cambridge based company developing advanced power amplifier technology for the cellular industry announced recently that it has closed an $850K seed round.
Nujira is a developer of power amplifiers used in cellular phones.

INVESTOR: Lead investment by Amadeus Mobile Seed Fund. The investment was mentored and structured by the Cambridge Angels led by Niel Viljoen. Other investors in this seed round include The Cambridge Gateway Fund, Cambridge Capital Group and the Cambridge Angels.

11. Strix Systems Raises $15,000,000 in Financing [Westlake Village, CA] 
Strix Systems is a developer of enterprise wireless networks, providing users with instant information via continuous, secure connections to company networks.

INVESTORS: CMEA Ventures, El Dorado Ventures, Palomar Ventures, UV Partners, Windward Ventures

12. MobiApps Raises $8,000,000 in Funding [Arlington, VA] 
MobiApps is a provider of hybrid terrestrial and satellite technologies for commercial communications. The company converges wireless communications technologies such as 802.11, GPRS, CDMA, and satellite to provide global communications capabilities.

INVESTORS: 3i (Lead), Green Dot Capital

13. Cellmania Raises Funds in Series C Round [Mountain View, CA] 
Cellmania is a provider of mobile business software for carriers and enterprises. The company's products enable any company to build, deploy, and manage mobile applications, and it offers off-line computing support, mobile workflow management tools.

INVESTORS: ZAP Ventures (Lead)

MobileInfo Comments and Advisory: Pretty good flow of VC money into the wireless market. Multi-mode is in.

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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