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Home - Venture capital financing wrap-up: Pontis, SonicMule, Teliris and more
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Venture capital financing wrap-up: Pontis, SonicMule, Teliris and more

by RCR Wireless News February 13, 2009
written by RCR Wireless News February 13, 2009 Share
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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.
—Pontis: Norwest Venture Partners led a $19.65 million round of financing into software developer Pontis Ltd. Current backers Sequoia Capital, Accel Partners and Evergreen Venture Partners also participated in the funding round. Dror Nahumi, partner at NVP, joins the company’s board of directors in connection with the funding round. Pontis offers a marketing platform for mobile, TV and fixed line operators. The company is headquartered in Israel.
—Purple Labs: Purple Labs said it raised 22 million euros ($28.4 million) in a Series B funding round that closed in September following its acquisition of Openwave Systems. The company said three European venture-capital firms have now participated in both its A and B rounds of funding, including Sofinnova Partners, Earlybird Venture Capital and Partners Group. Purple Labs, which provides software for mass-market mobile phones, is based in France.
—SonicMule: Granite Ventures led a $3.9 million round of financing into SonicMule Inc., which develops interactive sonic applications for the iPhone. Existing investors Bessemer Venture Partners, company co-founder Jeffrey C. Smith and Maples Investments. The company said it will use the funding to bolster its position as an applications developer. The company is based in Menlo Park, Calif.
—Teliris: Fidelity Ventures, Columbia Capital and an undisclosed strategic investor invested $11 million in new equity capital into telepresence solutions provider Teliris. Fidelty and Columbia previously invested $40 million in the company. Teliris said it will use the funding to increase its presence and to fund research and development. The company has headquarters in New York and London.
—ZoomSystems: Sierra Ventures, Goldman Sachs Group, NeoCarta Ventures, Motorola Ventures and Starfish Ventures invested $20 million in a Series E funding round into ZoomSystems, which has developed an automated retail offering. The company said it will use the funding to expand its automated retail channel domestically and internationally. The company is based in San Francisco.

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