Clearwire gets a whopping $900 million; MobiTV scores $70 million
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VENTURE CAPITAL |
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|
COMPANY |
AMOUNT/ROUND |
LEAD INVESTORS |
DESCRIPTION |
|
Clearwire
|
$900M
|
Intel Capital |
Clearwire will use the funds to roll out nationwide a mobile WiMAX network based on the 802.16e-2005 standard. Intel Capital's $600-million investment is its largest ever. |
|
MobiTV
|
$70M
|
Oak Investment Partners |
The wireless video provider said it will use the capital to expand its offerings internationally and across platforms. |
|
PulseWave
|
$30M
|
Oak Investment Partners |
PulseWave said it plans to use the funding to commercialize its Class M Power amplifier module, which is a power-amplifier architecture for wireless base stations. |
|
SkyPilot Networks
|
$21M
|
August Capital |
Primary use of the funds will be to continue to expand sales, marketing, engineering and customer-service efforts for its growing customer base in the muni-WiFi space. |
|
IMImobile
|
$10M
|
Pequot Ventures |
IMImobile plans to use the funds to bolster its position in India as well as to expand its support for its global customer base. |
|
Cellfire
|
$10M
|
Menlo Ventures |
Cellfire will use the financing to drive continued growth in the mobile marketing arena for its mobile coupon service. |