Digby In The News
Dow Jones
April 25, 2008
Top Ten Start-Ups Picked At Wireless Innovations
Ten companies were given top marks by attendees and expert panelists at Dow Jones' Wireless Innovations conference this week.
The conference, held in Redwood City, Calif., featured two days of panel presentations and keynotes by venture capital professionals and company executives, and breakout sessions in which 70 start-up companies selected by VentureWire editors presented their business plans.
Here are the top ten companies from the breakout sessions (in alphabetical order), chosen through a combination of audience voting through text-messaging; popularity of the presentations as judged by the number of attendees in each session; and voting by the expert panel of VCs:
Aerohive Networks Inc., Santa Clara, Calif., a developer of enterprise wireless networking technology. The company raised $24 million from investors including Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, and Northern Light Venture Capital.
Digby, Austin, Texas, a provider of a mobile commerce platform. It has raised $2.3 million and may raise additional venture funding in the first half of 2008.
Knowtate Inc., San Jose, a maker of technology used to link the physical, mobile and virtual worlds. The company is raising a $5 million round to close in the second quarter.
Mojix Inc., Los Angeles, a developer of signal processing products for sensory networks. It has raised $20.6 million from investors such as InnoCal Venture Capital, Oak Investment Partners, Red Rock Ventures and Silicon Valley Bank.
Myxer (MVisible Technologies Inc.), Deerfield Beach, Fla., a provider of mobile technology, products, services and programs to manage and deliver digital media to mobile devices. The company has raised $9.7 million from investors including Harris Preston & Partners, Morgenthau Venture Partners and New World Angels.
Ontela Inc., Seattle, a provider of a technology platform that enables wireless carriers to bring imaging services to their users. Investors, which have given the company $4.5 million, include Hunt Ventures, Oak Investment Partners and Voyager Capital.
Planet9 Studios Inc., San Francisco, a provider of 3D city software and data products for navigation, friend finding and social networking. It anticipates raising an $8 million round to start within the second quarter of 2008.
Pudding Media Inc., San Jose, a developer of advertising technology for voice services, mobile advertising and carrier platforms. It has raised $11.7 million from investors including BRM Capital, Opus Capital and individual investors.
Rocketbux, Bend, Ore., a developer of technology to deliver location and time relevant offers to mobile phones via the point-of-sale network. The company plans to raise a $2 million Series A round of funding to start in June 2008 and close in the third quarter of 2008.
