Credit crunch? What credit crunch? SMSGupShup, India’s equivalent of Twitter, has just taken $11m from Helion Ventures and Charles River Ventures, to help grow and develop the business (reports Silicon India). This good news for the SMSGupShup team and for the mobile industry as a whole. The growth of mobile in the emerging markets is [...]
Tag Archives | funding
QIK gets significant funding, two more Board Members
Qik, the nifty little application available for various mobile phones that lets users record video directly on Qik’s servers and broadcast live over any kind of network has just received some investment from Ben Horowitz and Marc Andreessen. Though, the exact amount of the funding, expectedly, has not been disclosed. Co-founder of the social network [...]
Funambol’s push email nets $12.5m funding
Open source mobile messaging company Funambol has landed itself $12.5 million in its latest round of VC funding. The round was led by mobile-focused VC firm Nexit Ventures, alongside contributions from Castile Ventures, Walden International and HIG Ventures. Funambol said it will use the proceeds for continued growth in the push email market, to advance [...]
InvenSense’s magic touch pulls in $19m funds
There’s no denying haptics have a certain cool factor. Obviously they’re appealing to venture capital firms right now: motion-sensing software company InvenSense has attracted $19 million in a series C round of funding, led by Sierra Ventures and a load of other big names like Qualcomm Ventures and DoCoMo capital. InvenSense, whose applications include image [...]
Obopay lands $20m for mobile payments
Mobile payments company Obopay has nabbed a four round of funding worth $20 million from the likes of Essar Communications Holdings Limited, leading the round and existing investors including Citi, Societe Generale, Qualcomm, and Promethean and new investors like Olayan America Corporation also joined in. The company is mainly a North American-based venture – it [...]
Gizmoz gets animated with $6.5 million funding
Animated avatar company Gizmoz has landed $6.5 million in funding, with an investment round led by DoCoMo Capital, joined by ngi capital. Previous investors Benchmark Capital and Columbia Capital also contributed funding. Gizmoz said it will use the cash to will invest into Asian expansion, starting with work in Japan, and also announced today that [...]
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