Mobile in Boston
11 May 2009
The last six weeks have been super active for investments in mobile and wireless companies in Massachusetts. Check out our roundup of the last 6 weeks below. There are two large deals here with $28 million raised by Lilliputian Systems and a $22 million acquisition. But, there’s also an interesting segment (trend, perhaps?) of 4 smaller VC investments between $5 and $8 million.
Investment / Acquisition Roundup:
Ember, based in Boston, raised $8 million for Zigbee, their wireless mesh-networking chipsets.
Chelmsford-based Reva Systems raised $5 million for RFID infrastructure development.
Azuki Systems received $6 million to power rich media content on mobile devices.
Cambridge-based Virtual goods provider Viximo raised $5 million.
Acme Packet (from Burlington) has acquired Convergence (from Maynard) for $22.8 million.
Lilliputian Systems raised $28 million.
