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Pinpoint garners more funding

CARY, N.C.-Wireless software platform provider Pinpoint Networks Inc. announced it closed new venture funding with Intel Capital, which brings the company’s total funding to $20 million since its founding in 1999.

“Our greatest accomplishment over the past 12 months has been a laser-like focus on execution, which has enabled Pinpoint to attract world-class investors and land significant global customer contracts in a challenging environment,” said Jud Bowman, the company’s president and chief executive officer.

Verizon Wireless Inc., Rogers AT&T Wireless and MmO2 have licensed the company’s Fuel application management platform.

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