Mitsui & Co. doles out the cash to Boingo and Brightstar.
|
VENTURE CAPITAL |
|||
|
COMPANY |
AMOUNT/ROUND |
LEAD INVESTORS |
DESCRIPTION |
|
Boingo Wireless
|
$65M
|
Mitsui & Co. |
The money will be used for working capital and to finance the recent acquisition of Concourse Communications. |
|
Brightstar
|
$50M
|
Mitsui & Co. |
Brightstar said it plans to use the cash to expand its new operations in Southeast Asia. |
|
Motricity
|
$32M
|
Advanced Equities |
The company provides content and powers mobile storefronts. It will use the cash to continue to expand its business. |
|
SiBEAM
|
$21M
|
Foundation Capital |
SiBEAM will accelerate development of its high-speed wireless communications platforms. |
|
DiVitas Networks
|
$15M
|
Menlo Ventures |
The fixed-mobile convergence technology developer plans to use the funds to bolster is sales, marketing, customer support and engineering teams. |