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

Mozido Lands $63,472,242 New Funding
  • Company: Mozido
  • Description: Across mobile phones, through point-of-sale terminals, over the Internet – Mozido offers the services your customers need, where they need them.
  • Website: www.mozido.com
  • Type: Venture Equity
  • Amount: $63,472,242
  • Round: Undisclosed
  • Purpose: Proceeds purposes were not disclosed. SEC regulatory filing. The total aggregate amount sold includes Warrants to purchase Series A Preferred Stock granted in the total amount of $13,472,242. Contact technology company for investment details, if applicable. Not an offer or solicitation for sale of securities.
  • Investors:

Sotera Wireless Secures $20,704,787 New Financing
  • Company: Sotera Wireless
  • Description: Our vision is to revolutionize patient safety by enabling the early detection of deterioration in patients who are mobile and free to move about in the hospital or the home. With adequate warning of adverse events, clinicians can intervene more quickly and confidently and patient outcomes can be dramatically improved.
  • Website: www.soterawireless.com
  • Type: Venture Equity
  • Amount: $20,704,787
  • Round: Undisclosed
  • Purpose: Proceeds purposes were not disclosed. SEC regulatory filing. Total Offering amount includes $2,326,180 of securities issued upon conversion of indebtedness and $3,688,179 receivable upon the exercise of warrants to purchase preferred stock that have not been exercised. Contact technology company for investment details, if applicable. Not an offer or solicitation for sale of securities.
  • Investors:

Seva Search Obtains $2,217,205 Series A Round
  • Company: Seva Search
  • Description: Seva Search wants to connect electricians and other services providers with potential customers.
  • Website: www.sevasearch.com
  • Type: Venture Equity
  • Amount: $2,217,205
  • Round: Series A
  • Purpose: Proceeds purposes were not disclosed. SEC regulatory filing. Contact technology company for investment details, if applicable. Not an offer or solicitation for sale of securities.
  • Investors: