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

Shoutlet Lands $5,000,000 New Round
  • Company: Shoutlet
  • Description: Shoutlet provides a centralized platform that helps companies manage and monetize their social media communication.
  • Website: www.shoutlet.com
  • Type: Debt
  • Amount: $5,000,000
  • 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:

Opendoor Obtains $20,000,000 New Funding
  • Company: Opendoor
  • Description: Whether you're accepting a new job, finding space for a growing family, or looking for something smaller, selling your home shouldn't be painful and time consuming. We're here to help.
  • Website: www.opendoor.com
  • Type: Venture Equity
  • Amount: $20,000,000
  • Round: Undisclosed
  • Purpose: Proceeds purposes were not disclosed.
  • Investors:

Chobolabs Receives $7,292,310 New 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: $7,292,310
  • 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: