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Columbitech investor increases funding by $1.5M

NEW YORK-Wireless software developer Columbitech said Japanese venture-capital company Mobile Internet Capital Inc. increased its financial interest in Columbitech by investing $1.5 million.

MIC joined Columbitech’s investors in early 2003 and now has increased its investment in the company.

“Columbitech has accomplished a lot in a very short period of time with its effective management team, including impressive partnership and major customers in the U.S. and European markets,” said Ikuo Nishioka, chief executive officer of MIC.

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