VC: $45M; Mobile Content



Wireless VC this week totaled $45 million, a siginificant drop from the $288.1 million total we reported on June 30 and the $64 million sum from June 16. Mobile content dominated this week's wireless VC, accounting for $34 million of this week's activity.

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

Motricity
Durham, NC

$30M
undisclosed

Advanced Equities

Motricity is a mobile content and services provider. The company is a member of the 2005 FierceWireless Fierce 15, an annual list of the top emerging wireless companies.

LGC Wireless
San Jose, CA

$11M
late-stage mezzanine round

Rembrandt Venture Partners

LGC Wireless provides network gear for in-building access to cellular networks.

Everypoint
Boston

$4M
first round

Prism Venture Partners, TD Capital Ventures

Everypoint creates mobile infotainment applications for content publishes and wireless carriers.