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Related Topics >> MVNO | Venture Capital | Handsets | Motorola | Tweens | Kajeet

VC: Kajeet gets $10M

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According to a recent report from Rutberg, venture capitalists invested $4.9 billion in 371 financings for the wireless industry worldwide last year. While VC was stable for the industry last year, Rutberg noticed a marked shift from carrier-based applications to consumer-direct applications.

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

Inside Contactless
France

N/A
N/A

Motorola Ventures

Inside Contactless makes contactless payment chips and NFC technologies for mobile devices.

kajeet
Bethesda, MD

$10M
third

BlueCrest

kajeet is an MVNO for kids and tweens.

RadioFrame
Redmond, WA

$30M
sixth

Ignition Partners

RadioFrame provides a platform for converging mobile voice and data.

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