Secretive DVC Labs raises $4.8M for "mobile access to the full Internet"
DVC Labs, a San Jose, Calif. company that says it wants to make the entire Internet more easily accessible by mobile devices, has raised $4.8 million in a first round of funding.
Trinity Ventures and Matrix Partners led the round for the company, which plans to launch later this year. The company is secretive and isn’t saying much about its plans. Already, large number of players who are helping companies transfer their content to mobile devices in a variety of ways. DVC, however, suggests it wants to do this in a universal way, across Web sites and devices.
The company released a statement this morning about its funding.
DVC’s Webs site says it hates its name, and is seeking to change it.
Larry Orr, general partner of Trinity Ventures, and Andrew Verhalen, general partner at Matrix Partners, will join the company’s board.
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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.
