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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 […]

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First two iPhone app makers get slice of $100m

Back in March, VCs took the wraps off a $100 million fund, available to be invested in companies making applications and services for the iPhone. A couple of months later, and Business Week has revealed the lucky people that have picked up funding under the scheme. So far, says the magazine, 1,700 companies have applied […]