3D mobile phone company, Gemini, raises $5M more

May 31, 2007 | Matt Marshall

Gemini Mobile Technologies, a San Mateo, Calif. developer of wireless software that provides a 3D environment in which users can chat, share photos and shop on their phones, said it has raised an additional financing round of $5 million.

Backers are Japan’s Access Co., Aplix Corp., Nomura Securities and existing investor Mitsubishi-UFJ Capital. The new financing follows a recent $20 million round from Goldman Sachs.

The 3D software, called eXplo, is the technology behind SoftBank Japan 3D offering, named S! Town.

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About the Author, Matt Marshall

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.