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

uBeam Obtains $10,000,000 Series A Round
  • Company: uBeam
  • Description: uBeam beams electricity through the air to charge all of your portable electronics remotely and wirelessly. It’s like Wi-Fi for energy.
  • Website: www.ubeam.com
  • Type: Venture Equity
  • Amount: $10,000,000
  • Round: Series A
  • Purpose: The capital will be used to expand the engineering team and accelerate product development.
  • Investors:

6Qube Secures $100,000 New Funding
  • Company: 6Qube
  • Description: 6Qube is a leader in internet marketing software and services providing technology before sales to produce results quickly and cost effectively for businesses of all sizes.
  • Website: www.6qube.com
  • Type: Debt
  • Amount: $100,000
  • Round: Undisclosed
  • Purpose: The debt funding from Lighter Capital – which was secured in a total of 19 days – will enable 6Qube to grow without adversely impacting the company’s cash flow.
  • Investors:

HouseLens Lands $2,000,000 Series A Financing Round
  • Company: HouseLens
  • Description: HouseLens is the nation's largest provider of full-motion walk-through video tours for real estate listings. We also produce agent bios, brokerage videos, and other real estate video marketing solutions.
  • Website: www.houselens.com
  • Type: Venture Equity
  • Amount: $2,000,000
  • Round: Series A
  • Purpose: The funding will help HouseLens move into additional U.S. real estate markets, as well as expand its product line.
  • Investors: