VC: Mobile Games and In-Building Wireless



Wireless venture capital investments this week totaled $46.6 million, up from the $32.81 million total we reported on April 21, but still down significantly from $75 million sum reported on April 7 and the $68.68 million of March 24.

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

Sorrent
San Mateo, CA

$20M
fourth round

Granite Global Ventures

Sorrent is a mobile game developer and publisher. The company is a member of the 2003 FierceWireless Fierce 15, an annual list of the top emerging wireless companies.

InnerWireless
Richardson, TX

$15M
third round

Centennial Ventures

InnerWireless provides in-building broadband wireless technology for the healthcare industry, especially hospitals, and other verticals with large commercial facilities.

Celerica
Morristown, NJ

$8M
undisclosed round

Pitango VC, Charles River Ventures, Star Ventures, and Platinum Ventures

Celerica develops solutions for wireless carriers that expand their network capacity distribution and coverage capabilities.

Defywire
Herndon, VA

$3.6M
second round

Intersouth Partners

Defywire is mobile middleware and application provider.

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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