Early-stage venture capital group Prism Ventures closed its fifth fund, a $250 million firm that will invest in wireless startups. The new fund will target segments within the wireless industry. As a part of the announcement, Prism said it invested an undisclosed sum in Everypoint, a Boston-area firm that provides real-time content for mobile phones.
For more on Prism's $250 million wireless fund:
- check out this piece from the Boston Business Journal