VC: NexTone rakes in $35M



This weeks VC runs the gauntlet with everything from VoIP session management and mesh networking to handsets for children and micro fuel cells.

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

NexTone Communications
Gaithersburg, MD

$35M
fourth

One Equity Partners

NexTone is a provider of session management solutions for VoIP.

Firefly Mobile
Lincolnshire, IL

$26M
fourth

Sevin Rosen Funds, ComVentures

Firefly is a maker of mobile phones for children.

OQO
San Francisco

$20M
fourth

Paladin Capital Group

OQO is a maker of handheld computers with the functionality of full-sized PCs.

Sepaton
Marlborough, MA

$15M
undisclosed

JVP, Menlo Ventures, Valhalla Partners

Sepaton is a provider of data protection solutions.

Inetcam
San Diego

$12.5M
undisclosed

Equal Elements

Inetcam is a developer of multimedia applications for wireless devices.

Strix Systems
Calabasas, CA

$12M
sixth

Crosslink Capital

Strix is a provider of wireless mesh networking.

GraniteEdge Networks
Bellevue, WA

$8M
first

The Acartha Group, OVP Venture Partners, Outlook Ventures

GraniteEdge is a provider of network security.

Tekion
Champaign, IL

$6.4M
second

Motorola Ventures

Tekion is a developer of micro fuel cells for mobile products.

Ethertronics
San Diego

$4.8M
third

Sevin Rosen Funds, Excelsior Venture Partners

Ethertronics is a developer of embedded antennae solutions.