News
Issue #2003 - 16 (May 2003)
(Updated May 15, 2003)

ACQUISITIONS, MERGERS & AGREEMENTS

VC Investments in Wireless This Week

Recent Investments

1. Vocera Communications Raises $8,000,000 in Fourth Round [Cupertino, CA] 
Vocera Communications is a wireless company specializing in the 802.11b sector.
INVESTORS: Granite Global Ventures (Lead), Avalon Ventures, RRE Ventures, Vanguard Ventures, Venrock Associates

2. Airgo Networks Palo Alto, CA raised $20 Million in third round
Investors: OVP Venture Partners
Airgo Networks develops multi-antenna signal processing technology for WLANs.

3. Staccato Communications San Diego, CA received $7.5Million in its first round.
Investors: Bay Partners, Charles River Ventures, and Allegis.
Capital Staccato makes fabless semiconductor firm that makes products for Ultrawideband (UWB) systems.

4. Shazam Entertainment London, U.K received $6.61Million (undisclosed round). 
Investors: Undisclosed
Shazam operates a downloadable ring tone service in Europe.

Source: Various press releases
For more information: http://www.venturereporter.com

MobileInfo Comments and Advisory: Wi-Fi dominates.

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