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April 10, 2006
Irish Cibenix Looking to Raise VC for US and Aisan Expansion
Cibenix, which just licensed its software to Sybase for its mobile product line, hopes to raise €6 million in venture capital investment to fund an expansion plan in the United States and Asia, reports Irish news site ENN.
The Irish startup, which raised a small €1.2M round in 2004, develops software that enables mobilephone users to find and subscribe to mobile content as a more flexible alternative to the "walled garden" approach that has until now been pretty much the standard approach by mobile network operators.
A screenshot of a Cibenix-enabled smartphone
It mentions RSS feeds, targeted pieces of web pages, personal photo galleries and audio and video podcast, as typical content that users will be able to access.Cibenix was founded in 2001, and is headquartered in Dublin, Ireland. It competes with the likes of SurfKitchen, a venture backed startup based in the UK.
Read - In the papers (ENN)
Posted on April 10, 2006 10:39 AM | Posted to Venture Capital | Wireless | Permalink
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