Fastmobile snags $12M; Nellymoser secures $5.3M

Mobile instant communications firm fastmobile today announced $12 million in venture funding. The round was co-led by Doll Capital Management (DCM) and Walden International with participation from previous investors Leo Capital Holdings and BlueStar Ventures. Fastmobile's solutions include multimedia Instant Messaging and push-to-talk, and presence-based address book applications, instant media and content exchange, and multimedia mobile blogging and community applications. The company has raised more than $21 million to date. Fastmobile is a member of the 2004 Fierce 15, an annual list of the top emerging wireless companies.

For more on fastmobile's funding:
- view this press release

Mobile music firm Nellymoser closed $5.3 million in new funding from Softbank Capital. The company's portal allows carriers and media companies to launch mobile content services. Nellymoser's technology powers the Warner Mobile Music Streaming Jukebox, which launched last year on AT&T Wireless' mMode service.

For more on Nellymoser's funding:
- check out this piece from the Boston Business Journal

PLUS: Mobile content services firm Sennari secured $2 million in seed funding from Novak Biddle Venture Partners and Blacksmith Capital. Article


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