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

PlayFab Secures $2,500,000 Seed Funding
  • Company: PlayFab
  • Description: Based in Seattle, WA, PlayFab provides the industry’s most comprehensive back-end service for building and managing online games. The company was founded by James Gwertzman, PlayFab CEO who previously served as vice president of PopCap, where he built a profitable online, free-to-play business for the company in China.
  • Website: www.playfab.com
  • Type: Venture Equity
  • Amount: $2,500,000
  • Round: Seed
  • Purpose: The company is using this initial funding to expand its team and invest in its best-of-breed services that reinvent the way game developers and publishers build, scale, operate, manage, and monetize games.
  • Investors:

Curb Obtains $2,100,000 New Financing
  • Company: Curb
  • Description: Curb is changing the way people get around. Curb connects people to safe, reliable rides from professional taxi and other for-hire drivers in cities nationwide. By bringing technology to the taxi and sedan experience, Curb is offering riders choice, reliability and convenience whenever they ride.
  • Website: www.gocurb.com
  • Type: Venture Equity
  • Amount: $2,100,000
  • Round: Undisclosed
  • 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:

Streamroot Receives $118,000 Seed Funding Round
  • Company: Streamroot
  • Description: StreamRoot was founded by 3 Engineers from Ecole Centrale Paris, the same school where VLC and Anevia were created a few years ago. We love video and web, and we are convinced that Peer-to-Peer will become essential to video distribution in the coming years, and not only in the browser, but also on mobile devices et Smart TVs.
  • Website: www.streamroot.io
  • Type: Accelerator
  • Amount: $118,000
  • Round: Seed
  • Purpose: The company will use the proceeds to accelerate its initial development.
  • Investors: