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.

Sponsored by ADI

What if we were always connected? With the help of our advanced wireless technology, even people in the most remote places could always be in touch.

What if there were no ocean, desert, mountain or event that could ever keep us from telling our stories, sharing discoveries or asking for help? ADI’s next-gen communications technology could keep all of us connected.

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