VC: Mobile content funding stays hot


Mobile content funding stays hot.

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

Obopay
Palo Alto, CA

$10M
First

Redpoint Ventures, Onset Ventures, Richmond Capital

Obopay is a mobile payment startup company that has no product on the market and won't say if it has any deals with wireless operators; the company's web site is password protected.

Bluesocket
Burlington, MA

$9M
Third

Vesbridge Partners, Menlo Ventures

Bluesocket plans to use the additional funding to expand its sales and partner channels, market its products and further develop its suite of open wireless security and management solutions.

Mobio Networks
Menlo Park, CA

$8M
First

Storm Ventures, InterWest Partners

Mobio is a mobile applications company that plans to release details about itself shortly.

Phonebites
San Francisco

$7M
Second

Cardinal Venture Capital, Garage Technology Ventures, Greenpark Capital

Phonebites is a publisher of mobile entertainment and will use the funds to propel RAZZ, the company's mobile audio distribution platform.

V-Enable
San Diego

$6M
undisclosed

SoftBank Capital, Palisades Ventures

V-Enable is a speech-recognition search technology firm gearing up for the explosion in mobile search technology.

Beceem Communications
Santa Clara, CA

undisclosed
undisclosed

Intel Capital

The mobile WiMAX chipset maker will work with Intel to strengthen the mobile WiMax ecosystem and ensure that leading operators will have high-performance terminal solutions available.

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