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November 28, 2007

Innovacom Invests In Mobile Devices' First Round

Dreevo_medium.gif
Five year old French startup Mobile Devices, the company that recently launched the Dreevo developer kit (above) has raised a first round of €3.1 million from Innovacom.

Innovacom is the French venture firm whose latest fund tapped LPs from all around the globe, but also has close ties to France Telecom and its units: GlobeCast, Wanadoo, StarMedia, and Orange Business Services

Mobile Devices sells hardware and software that enables enterprises to develop smart navigation, driver information, and fleet management applications. It says it also has comprehensive catalog of ready-to-use applications.

Mobile Devices says it has customers worldwide, such sa Alpha Taxis, SITA (garbage collection), Geodis, Thales, Spie, Antargaz, Gps Buddy, Trafficmaster. It employs 40 people and is headquartered near to Paris, in Le Kremlin Bicêtre, France.
View Mobile Devices

Posted on November 28, 2007 08:27 AM | Posted to | Permalink

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