VC: Sequans gets $24M for WiMAX



Sequans gets $24M for WiMAX; Digital Chocolate rakes in $22.5M for gaming

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

Sequans Communications
Cupertino, CA

$24M
NA

Kennet Venture Partners

The funds will accelerate Sequans's introduction of WiMAX chips.

Digital Chocolate
San Mateo, CA

$22.5M
third

Bridgescale Partners

Digital Chocolate will use the funds to expand its mobile-gaming business.

Limbo 41414
Burlingame, CA

$9M
second

Azure Capital Partners

The mobile entertainment company will continue to aggressively market its services and support its ongoing product development.

UnWired Buyer
Austin, Texas

$6.1M
second

Gefinor Ventures

UnWired Buyer, which offers real-time interactive mobile notification services, will use the capital to expand product development efforts and acquire customers.

SmartVideo Technologies
Atlanta

$9M
NA

unknown

The company said it will use the capital to develop video-delivery applications and expand its marketing efforts.

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