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.--Inrix: August Capital, Bain Capital Ventures and Venrock led a $15 million Series C funding round into Inrix,...
Editor's Note: Welcome to Yay or Nay, a feature for RCR Wireless News' new weekly e-mail service, Mobile Content and Culture. Every week we'll review a new wireless application or service from the user's point of view, with the goal of highlighting what works...
Mobile payment startup Obopay padded its bank account, hauling in $29 million in a third round of funding.Richmond Management L.L.C. affiliate Richmond Global Cellular led the round and existing investors Qualcomm Inc., Redpoint Ventures and others participated. Obopay also added new backers including AllianceBernstein...
Financial institutions are rushing to deploy mobile banking services consumers don't appear to want, according to new figures from JupiterResearch.The market research firm found that just 8 percent of online consumers who own a mobile phone are interested in browsing on the device to...
Cyphermint Inc. announced a deal to provide mobile payment services for Texas-based financial services provider Fidelity Express.The Marlborough, Mass.-based startup said registered Fidelity Express customers will be able to initiate payments from their cellphones or schedule mobile alerts allowing them to process payments with...
DanielsDavid Parker has been promoted to managing director at Daniels & Associates. Parker is a member of the firm's Telecommunications Group and is responsible for advising communications service providers and telecom infrastructure companies on mergers & acquisitions and corporate financing. He has been with...
Obopay Inc. continued to gain ground in the mobile payment space, inking an impressive deal for a pilot program to allow Citi customers to send and receive money from their phones.The Redwood City, Calif.-based startup said Citi users will be able to track and...
Mobile payment startup Obopay Inc. announced an impressive win, inking a deal for a pilot program to allow Citi customers to send and receive money from wireless phones.The Redwood City, Calif.-based developer said Citi users will be able to remotely track and manage their...
In these early days of mobile entertainment, full-track download services are a bit like the weather: everyone complains about them, but no one seems to be doing much about them.While carriers such as Sprint Nextel Corp. and Verizon Wireless have claimed success hawking tunes...
THE COUNTLESS PLAYERS lumbering around on the user-generated mobile video playground aren't just looking for consumers. They're also hoping to find a viable business model or two.The success of Internet sites such as YouTube, Jumpcut, Vimeo and Google Video has spawned a raft of...
Visa launched a mobile payment platform designed to support contactless payments, coupons and other m-commerce-related applications.The offering "is designed to foster collaboration between the financial services and mobile telecommunications sectors," the company said, and consists of a suite of technology tools, applications and security...
LONDON—PayPal Inc. expanded its "Text 2 Buy" program with an offering that allows users in the United Kingdom to purchase magazine subscriptions and consumer electronics over their phones. Dutch software developer Mowave Inc. is powering the service, which offers a range of goods advertised...
It may seem like you've been hearing about the concept of a "wireless wallet" for decades, but in North America, at least, m-commerce is very much in its infancy. Mobile money seems to be getting legs in Japan, where credit-card companies have teamed with...
MARLBOROUGH, Mass.—Another company joined the mobile payment playground as Cyphermint Inc. unveiled an Internet-based system for completing transactions using a cell phone. The firm launched PayCash Mobile, a cross-platform offering that allows users to manage stand-alone accounts from a mobile phone, computer or specially...
Yet another wireless startup is diving head-first into the mobile payment waters this week, as Secure Wireless Transfers Corp. plans to team with the Association of Surfing Professionals for its coming-out party. The Orange County, Calif.-based company will introduce "KushCash," a system allowing consumers...
Obopay inked its first carrier agreement last week, announcing a deal to provide wireless payment services for mobile virtual network operator Amp'd Mobile Inc. But most operators aren't exactly embracing such services with open arms.The startup allows users to set up stand-alone accounts that...
REDWOOD CITY, Calif.—Obopay inked its first carrier agreement, announcing a deal to provide mobile payment services for mobile virtual network operator Amp’d Mobile Inc. Obopay allows users to set up stand-alone accounts that can be used to send and receive money between users or...
PORTLAND, Ore.—A new startup, Tyfone Inc., is jumping into the mobile transaction arena with a payment product for mobile phones that the company said it has spent the past two years developing. Tyfone said its offering supports most existing forms of banking and payment...
LAS VEGAS-PayPal Inc. officially went mobile, launching a service that allows users to make purchases and send or receive funds via wireless phones. Wireless subscribers can use the offering-which the company quietly began testing several weeks ago-to send money to other registered PayPal members...
SAN JOSE, Calif.-PayPal quietly launched a service allowing users to make purchases or send money to other users from a mobile phone. The world's largest supplier of online payment services is testing the offering, which allows users to send a text message indicating the...
SAN JOSE, Calif.—PayPal quietly launched a service for customers to make purchases or send money to other users from a mobile phone. The world’s largest supplier of online payment services is testing the offering, which allows users to send a text message indicating the...
NEW YORK—PayPal Inc., a Palo Alto, Calif. start-up company providing mobile and electronic commerce payment services, saw shares of its initial public offering, priced at $13 late Thursday, rise to $18.90 by late morning of its first day of Nasdaq trading February 15.The deal...
