If you think about what's happened the last 4-5 years in smartphones, it's truly remarkable. Apple has created an entirely new, multibillion-dollar franchise. Nokia and RIM's dominance have been severly damaged. And entirely new app and OS systems have been developed.

What's it all mean? As we surmised back in January, it probably means more pain for the legacy market leaders -- people such as Nokia, Ericsson, and RIM. Clearly their market-share is eroding, but more importantly they are losing their grips on OS and apps markets. Apps willd drive this market forward, and Apple and Google's Android are leading here.

With that, on to the news, which in the tech world today is dominated by smartphones:

 

 

This entry was posted on Wednesday, June 30, 2010 at 11:21 am and is filed under Mobile, Technology.
Keywords: Smartphones, Apple, RIM, Verizon, Markets, Spies

HauteDay Lands $120,000 Seed Funding
  • Company: HauteDay
  • Description: Haute Day was created to make shopping a lot more fun! Everyday, we invite our community to submit their best new fashion finds, centered around a particular theme or topic. The community spends the next 24 hours voting, sending their favorite item to the top of the list.
  • Website: www.hauteday.com
  • Type: Accelerator
  • Amount: $120,000
  • Round: Seed
  • Purpose: The company will use the proceeds to accelerate its initial development.
  • Investors:

ReaLync Obtains $300,000 New Financing Round
  • Company: ReaLync
  • Description: Prequalify properties virtually with clients in real time. Maximize productivity by leveraging ReaLync's video tour library and hosting virtual open houses. Reach and connect live with a global audience. Share electronic property packets and marketing materials with clients and promote through social media.
  • Website: www.realync.com
  • Type: Venture Equity
  • Amount: $300,000
  • Round: Undisclosed
  • Purpose: The company intends to use the capital to build out their senior sales and development teams and accelerate product development.
  • Investors:

Pretty Padded Room Receives $120,000 Seed Financing
  • Company: Pretty Padded Room
  • Description: Pretty Padded Room is a platform that lets you connect with trained therapists online to release stress easier and faster. And since it's virtual therapy, our doors are open anytime and anywhere.
  • Website: www.prettypaddedroom.com
  • Type: Accelerator
  • Amount: $120,000
  • Round: Seed
  • Purpose: The company will use the proceeds to accelerate its initial development.
  • Investors: