VivoTech tacks on $8.6M for wireless credit-card transactions
VivoTech, provider of infrastructure for wireless credit-card transactions, just added $8.6 million to a now $40 million third round of funding open since 2007. Its technology lets people make payments via radio frequency enabled credit and debit cards and some mobile phones. The Santa Clara,… Continue Reading
Nokia funds Chinese mobile ad network Madhouse
Shanghai-based mobile advertiser Madhouse has received an undiscosed amount of funding from Nokia Growth Partners. Incidentally, China is Nokia’s largest market, with high demand for lower-cost handheld phones.
Executives at the investor attributed their decision to the low cost of product development in China. Madhouse has… Continue Reading
Nokia adds $150M to venture arm for Asian growth
Mobile giant Nokia has added $150 million to its venture division Nokia Growth Partners, with the goal of opening offices in China and India, as well as expanding investments in the United States and Europe.
This announcement more than doubles the investment division’s funds under management;… Continue Reading
Inside Contactless raises another $4M for automated payments
Inside Contactless, a company that makes chips for “contactless payments,” has raised an additional $4 million from Samsung Ventures America to complete its $42 million third round of funding. The Aix-En-Provence, France company already was already backed by a large mobile company — the new… Continue Reading
Kyte.tv, the online TV widget company, receives investment from Nokia Growth Partners
Kyte.tv, the San Francisco company allowing users to create their own TV channels online or on a mobile phone, today announced an investment in the “single digit millions” from Nokia Growth Partners, the venture capital arm of Nokia. This is Kyte.tv’s third round of financing… Continue Reading
Summit Micro, a chip power management co., raises $10M
Summit Microelectronics, a Sunnyvale, Calif. maker of programmable power management integrated circuits, said it raised $10 million.
Nokia Growth Partners led with $4 million, and was joined by existing investors Norwest Venture Partners, August Capital, Pequot Ventures, Bessemer Venture Partners, Hotung Capital Management and others.
According… Continue Reading