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

NewsCred Garners $42,000,000 New Financing Round
  • Company: NewsCred
  • Description: NewsCred is a New York based media company focused on creating a single platform for the world's news.
  • Website: www.newscred.com
  • Type: Venture Equity
  • Amount: $42,000,000
  • Round: Undisclosed
  • Purpose: The company will use the funding to aggressively scale its global operations.
  • Investors:

Super League Gaming Obtains Series B Financing Round
  • Company: Super League Gaming
  • Description: Super League Gaming is the world's first recreational video game league in a cool movie theater. Every week gamers bring a laptop and friends to a nearby Regal, AMC, Cinemark or iPic. Super League creates the best entertaining gameplay experience - ever.
  • Website: www.superleague.com
  • Type: Venture Equity
  • Amount: Undisclosed
  • Round: Series B
  • Purpose: The Series B proceeds will be utilized to launch participatory theater gaming in new markets domestically this year, and expand the portfolio of popular PC and mobile games to be played in theaters around the world in 2016.
  • Investors:

Guru Lands $2,700,000 Seed Financing
  • Company: Guru
  • Description: Guru is reinventing the way your team captures knowledge, providing access to verified information from experts on your team: where you work and when you need it most.
  • Website: www.getguru.com
  • Type: Venture Equity
  • Amount: $2,700,000
  • Round: Seed
  • Purpose: Proceeds purposes were not disclosed.
  • Investors: