Juice Wireless, offering mobile content sharing, gets more funding

Juice Wireless, offering mobile content sharing, gets more funding

Juice Wireless, a company that lets you send photos, videos and other content to your social network pages from your mobile phone, has been on a rocky ride.

Not only does it face plenty of competition, but it changed tack a year ago and laid off some employees when it aborted a separate marketing business. Yet that hasn’t stopped new investors from coughing up $6 million in new cash, led by 21Ventures.

The company’s mobile widget, called… Continue Reading

Video retrenchment begins, Juice Wireless going for broke

Video retrenchment begins, Juice Wireless going for broke

(Updated with substantial clarifications from Juice co-founder Nick Desai)

Juice Wireless, the New York mobile video-sharing start-up, is still on hunt for financing, raising questions about its prospects amid a retrenchment hitting the video sharing industry in the new year.

Juice is raising a roughly $3.5 million round of financing, now calling it a “bridge” to raise even more capital — in recognition that competition has raised the stakes, and will require more resources.

A month ago,… Continue Reading