ATLANTA—Atlanta-based Air2Web, whose Mobile Internet Platform lets companies extend enterprise applications to any wireless device, has closed a $20 million round of venture-capital financing and expects an additional $5 million later this month, the company said Oct. 9.
Participants in this third round of funding included CDP Sofinov, which is part of CDP Capital, along with BellSouth Corp., Nextel Ventures, VeriSign Inc., Mitsubishi and Jay Chaudhry, who is chairman of Air2Web.
“Air2Web has already established an extensive and impressive customer base. Now (that it is) fueled by additional funding, we are confident in Air2Web’s ability to leverage its leadership position in the wireless platform market to support both enterprise and carrier mobile commerce applications,” said Berge Ayvazian, chief executive officer of The Yankee Group.
