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Home - Venture capital financing wrap-up: CommProve, PCH International, Whoop and more
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Venture capital financing wrap-up: CommProve, PCH International, Whoop and more

by RCR Wireless News September 19, 2008
written by RCR Wireless News September 19, 2008 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.
—CommProve: TVM Capital and Endeavour led a $14 million round of funding into Ireland-based CommProve, which provides solutions for monitoring wireless networks. Existing investor TIcom Capital also participated. The company said it will use the funding for expansion into Asia.
—Communology: Munich Venture Partners led a Second Round financing round into German software and solution provider Communology. The investment was for several million Euros. Existing investors and both founders, Thomas Kahler and Frank Bell, participated in the round. The company said it will use the funding to expand into new regions.
—Global Lost & Found: DFJ Frontier led a Series A round of venture-capital financing into Global Lost & Found, which provides tracking and recovery solutions for portable electronics. The amount of the funding was not disclosed.
—PCH International: Lightspeed, Norwest Venture Partners and Focus Ventures invested $21 million into PCH International, a global supply chain services firm. The funding will be used to accelerate growth of the company by expanding its sales and marketing operations in the United States and Europe, said the company.
—Whoop: A variety of angel investors invested $2 million into Whoop Inc., which recently announced a Web-based platform that allows customers to create, publish and share text, mobile content and rich media to mobile devices.

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