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April 20, 2006
Intel Capital Goes It Alone On AdaptiveMobile Round
It's rare for Intel Capital to lead a VC deal, much less go single handedly into a new venture. But that is what it has done with Ireland's AdaptiveMobile, a mobile security and filtering software developer. Intel invested €4.6M ($5.5 million) in what looks like a first round of funding for the three year old firm. Its software products are targeted at three markets: mobile network operatrors, companies, and mobilephone subscribers. Mobile anti-virus software is not a puny little market, so where were the Irish and European VCs?
Read - AdaptiveMobile Raises (mobile europe)
Posted on April 20, 2006 02:49 PM | Posted to Venture Capital | Wireless | Permalink
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