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Wireless Content Distributor WideRay Raises $10 Million

Authored by Mark Hefflinger on August 3, 2005 - 6:18am.
San Francisco -- WideRay, a developer of hardware that lets retailers and content providers wirelessly distribute digital media and promotional content to mobile devices, said on Wednesday that it has raised $10 million in its third round of funding. New investor Enterprise Partners Venture Capital led the round, with additional backing from previous investor Sequoia Capital and other private investors. San Francisco-based WideRay said that it will use the funds primarily to pursue new customers and capitalize on the accelerated demand for its technology. The company recently opened a European office in London and hired two senior-level executives in marketing and engineering. WideRay's customers include TeliaSonera, EB Games, GM, Nokia and Microsoft.
http://www.wideray.com/news/pr/8.03.2005.htm
tags: Deals | VC | Wireless | WideRay |



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