The following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included when available.
—Handango: Several companies invested $9.5 million into smartphone content provider Handango. Participating in the Series C funding round were Institutional Venture Partners, Advanced Technology Ventures, Centerpoint, Neo Carta, Pharos Capital Group and SSM Partners. The financing will be used to support the company’s distribution deals, improve scalability of its infrastructure and to expand globally.
—NewBay: Fidelity Ventures led a $10 million round of Series B financing into Dublin, Ireland-based NewBay Software, which provides digital lifestyle solutions for operators. Existing investor Balderton Capital also participated in the funding. Proceeds will be used for global expansion, to explore acquisition opportunities and to expand research and development.
—Rapid Mobile Media: New Enterprise Associates led a $4.02 million funding round into Edinburgh, Scotland-based Rapid Mobile Media Ltd., which provides mobile advertising and mobile provisioning software platforms. New investor Alliance Trust Equity Partners also participated in the funding round along with existing investors Pentech Ventures and Scottish Venture Fund. The company said the funding will provide it with working capital to accelerate commercial deployment of its technologies.
—RedSky: CID Capital and Dunrath Capital invested an undisclosed amount into Chicago-based RedSky Technologies Inc. Both companies have previously invested in RedSky, which provides location information management and E-911 software for the enterprise market.
—RingCentral: DAG Ventures led a $12 million Series B funding round into Redwood City, Calif.-based RingCentral. Existing investors Sequoia Capital and Khosla Ventures also participated in the funding round. The company said it will use the funding to enhance its products and services, build new partnerships and distribution channels and increase market awareness within its target market.
—Syncrhonica: Institutional and private investors invested $3.9 million in Syncrhonica plc, which provides mobile e-mail and synchronization solutions. The company said the funding will help it push into emerging markets with its mobile e-mail and backup solutions. Synchronica said it has raised a total of $7.5 million this year.
—Tzero: CID Group led an $18 million third round of funding into Tzero Technologies, a Sunnyvale, Calif.-based developer of UWB technology and wireless video products. Existing investors August Capital, Lightspeed Venture Partners, OVP, U.S. Venture Partners and VentureTech Alliance also participated.
—Ubiquisys: T-Mobile Venture Fund made a strategic investment in Ubiquisys, which provides 3G femtocells.
—WiNetworks: WiNetworks Inc. said it raised $19 million in its third round of financing, which it plans to use to expand its Win-Max family of mobile WiMAX base station products and to increase market penetration.
—Zayo Group: CIT led a $30 million round of debt financing into Louisville, Colo.-based Zayo Group, a regional provider of bandwidth and telecommunications services. CoBank and Hercules Technology Growth Capital Inc. also participated in the financing. The financing aided the company in purchasing Citynet Fiber Network recently. The company said it has raised a total of $225 million in equity financing and $115 million in debt facilities.
Venture capital financing wrap-up: Handango, RedSky, Ubiquisys and more
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