VC: Apertio prepares for IPO with massive funding



Apertio gets ready for IPO, SNAPin pushes self-service software for operators

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

Apertio
Bristol, UK

$30M
Second

Add Partners, DVC Deutsche Venture Capital, Eden Ventures, Motorola Ventures, T-Mobile Venture Fund, The Tokarz Group

Apertio is a provider of distributed data and application-hosting environments for wireless networks.

Newport Media
Lake Forest, CA

$25M
Second

Oak Investment Partners, with previous investors, Benchmark Capital, Venrock Associates, Global Catalyst Partners, Pinnacle Ventures

Newport Media is a fabless semiconductor company serving the mobile TV market.

Fon
Spain

$21.7M
First

Google, Index Ventures, Sequoia Capital, Skype

Fon is a Spanish Internet software company with plans to create a global network of 1 million shared WiFi hotspots by 2010.

SNAPin Software
Bellevue, WA

$13M
Third

Oak Investment Partners, Frazier Technology Ventures, Hunt Ventures

SNAPin provides handset-based self-service software to mobile operators and will use the funds to accelerate commercial deployment of its products worldwide.

Dexterra
Bothell, WA

$12M
undisclosed

Mesirow Financial, Motorola Ventures, Intel Capital, Canaan Partners, Sigma Partners

Mobile business software developer Dexterra said it plans to use the funds to continue its global expansion.

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