VC: Chinese firms raise big money



SavaJe leads the way with $40 million.

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

SavaJe Technologies
Chelmsford, MA

$40M
undisclosed

Investcorp

SavaJe Technologies is a provider of mobile telephony software.

ChannelSoft Technology
Beijing

$31M
second

Walden International, SAIF, China Science Merchant

ChannelSoft Technology is a telecom service platform and call-center middleware products provider in China.

Visage Mobile
San Francisco

$30M
fourth

Nomura International

Visage Mobile is a mobile virtual network operator (MVNO) enabler.

JumpTap
Cambridge, MA

$21M
undisclosed

Redpoint Ventures, General Catalyst Partners, BCE Capital

JumpTap is a developer of mobile search technology for wireless carriers.

Beceem Communications
Santa Clara, CA

$20M
third

Samsung Ventures America

Beceem Communications is a provider of chipsets for Mobile WiMax technology.

Telsima
Santa Clara, CA

$20M
third

NewPath Ventures, New Enterprise Associates, CMEA Ventures, JAFCO Asia

Telsima is a developer of converged network solutions.

Bharti Telesoft
India

$13.5M
undisclosed

Westbridge Capital Partners

Bharti Telesoft is a service platforms provider to wireline and wireless carriers.

AirTight Networks
Mountain View, CA

$12M
second

Trident Capital

AirTight Networks is a provider of wireless perimeter security solutions.

INSIDE Contactless
France

$10.6M
undisclosed

Sofinnova, Vertex Venture Capital, Visa International

INSIDE Contactless is a provider of semiconductor chips and hardware platforms related to 13.56 Mhz contactless technology.

Altair Semiconductor
Israel

$8M
first

BRM Capital

Altair Semiconductor is a developer of broadband wireless communications semiconductors.

Thumbplay
New York

$7.5M
second

SoftBank Capital

Thumbplay is a provider of direct-to-consumer wireless entertainment services like ringtones and games.

Skyhook Wireless
Boston

$6.5M
second

Bain Capital Ventures, Intel Capital, Nokia

Skyhook Wireless is a developer of a metro-area positioning system that leverages WiFi access points.

Econz
New Zealand

$3M
undisclosed

iGlobe Treasury Management

Econz is a wireless software company.

Commerciant
Houston

$2.5M
undisclosed

Aegis Texas Venture Fund, Accent Texas Fund, Advantage Capital Texas

Commerciant is a provider of wireless, handheld payment processing solutions.

Cellon
Shenzhen, China

undisclosed
fourth

TVG Capital Partners

Cellon is a provider of design and systems integration services for the wireless handset industry. No terms were disclosed, but Asian Venture Capital Journal places the total at $50 million.

MMIM Technologies
China

undisclosed
undisclosed

BlueRun Ventures, IDG Venture Capital

MMIM Technologies is a mobile multimedia instant messaging and information service provider.

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