VC: Sandbridge snares $15.4M



Sandbridge snares $15.4M; ChoiceStream grabs $13.1M

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

FirstHand Technologies
Ottawa, Canada

$7M
third

BDC Venture Capital

FirstHand, formerly known as SIPquest, said it plans to use the funding to accelerate market traction of its mobile VoIP client and server software offerings.

Sandbridge
White Plains, NY

$15.4M
second

Samsung Ventures

The company's single-chip solution is designed to replace fixed-function, multi-chip hardware in wireless handsets.

ChoiceStream
Cambridge, MA

$13.1M
second

Sutter Hill Ventures

The personalized solution provider will use the funding to accelerate the company's growth in new markets and high opportunity areas, including e-retail, TV and mobile entertainment delivery.

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