RCR Wireless News



  

Venture capital financing wrap-up: Melodeo, Treemo and Vocalocity

October 24 2007 - 6:00 am ET | Kristen Beckman |

The following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included when available.

--Melodeo: Ignition Partners and Voyager Capital led a $7.9 million preferred funding round into mobile music and media company Melodio Inc. The company said it will use the capital to advance its free online and mobile music service.

--Treemo: JK&B Capital invested $2.55 million into Treemo as part of the company’s Series A-1 round of funding. Treemo provides a real-time social media publishing platform that allows sharing of all types of media. As part of the funding, Tasha Seitz, partner at JK&B Capital, joined the company’s board of directors. The company said it will use the funding to continue to expand its platform.

--Vocalocity: Noro-Moseley Partners led an $8 million Series A funding round into hosted VoIP services provider Vocalocity. Also participating in the funding round were Pittco Capital Partners, Imlay Partners and Vocalocity management.



Post a Comment




[Post a comment to this article] [Hide]