Venture capital financing wrap-up: Handango, RedSky, Ubiquisys and more
Summary
The following list includes venture capital and other investments into wireless companies announced during the past week. —NewBay: Fidelity Ventures led a $10 million round of Series B financing into Dublin, Ireland-based NewBay Software, which provides digital lifestyle solutions for operators. Both companies have previously invested in RedSky, which provides location information management and E-911 software for the enterprise market. —Syncrhonica: Institutional and private investors invested $3.9 million in Syncrhonica plc, which provides mobile e-mail and synchronization solutions. —WiNetworks: WiNetworks Inc. said it raised $19 million in its third round of financing, which it plans to use to expand its Win-Max family of mobile WiMAX base station products and to increase market penetration.