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

Glamsquad Secures $7,000,000 Series A Funding
  • Company: Glamsquad
  • Description: GLAMSQUAD was founded on the firm belief that women should spend less time en route to looking fabulous. Our professionals bring the beauty to you, in the comfort of your own home. Making getting ready relaxing, not taxing.
  • Website: www.glamsquad.com
  • Type: Venture Equity
  • Amount: $7,000,000
  • Round: Series A
  • Purpose: The additional capital comes at a time when the company, currently operating in New York and L.A., is expanding nationwide with plans to launch in other cities in the near future, starting with Miami.
  • Investors:

Boostable Lands $3,200,000 Seed Funding Round
  • Company: Boostable
  • Description: Give tools for marketing and insights to your sellers with Boostable. Grow your marketplace by helping your sellers advertise.
  • Website: www.boostable.com
  • Type: Venture Equity
  • Amount: $3,200,000
  • Round: Seed
  • Purpose: Proceeds purposes were not disclosed.
  • Investors:

Playstudios Garners $20,000,000 New Funding Round
  • Company: Playstudios
  • Description: Ordinarily, we would devote this space to telling you all the typical things about our innovative company, our experienced management team, and our inspiring culture. But lately, it seems talk has become increasingly cheap. So instead, we'll just let our work speak for us. It is the ultimate reflection of who we are and what we value.
  • Website: www.myvegas.com
  • Type: Venture Equity
  • Amount: $20,000,000
  • Round: Undisclosed
  • Purpose: Proceeds purposes were not disclosed.
  • Investors: