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

Workpop Receives $7,000,000 Series A Funding Round
  • Company: Workpop
  • Description: Our mission is to help everyone find a job they love. Our mission starts with supporting the health and happiness of our own employees and their families. We offer great salaries, generous equity offers, healthy meals, family friendly outings and encourage our team members to take the time they need for parental and/or personal needs.
  • Website: www.workpop.com
  • Type: Venture Equity
  • Amount: $7,000,000
  • Round: Series A
  • Purpose: Proceeds purposes were not disclosed.
  • Investors:

Chobolabs Receives $1,300,000 Seed Round
  • Company: Chobolabs
  • Description: Chobolabs is developing a platform shooter that's going to keep you on the edge of your seat. That's going to make you sweat. That presents the kind of challenge that skilled hardcore gamers crave for. Copying game designs from PCs and consoles doesn't work. Mobile demands original thinking.
  • Website: www.chobolabs.com
  • Type: Venture Equity
  • Amount: $1,300,000
  • Round: Seed
  • Purpose: Proceeds purposes were not disclosed.
  • Investors:

ClassPass Garners $12,000,000 Series A Funding
  • Company: ClassPass
  • Description: ClassPass is a membership program for fitness classes across multiple gyms and studios, making working out more accessible. Since launching in early 2013, ClassPass has facilitated over 60,000 reservations at 1,000+ different classes in the New York market.
  • Website: www.classpass.com
  • Type: Venture Equity
  • Amount: $12,000,000
  • Round: Series A
  • Purpose: The company has grown from four full-time employees to 40 currently, with more hires in the wings.
  • Investors: