Xconomy Boston

Digit Wireless Secures $4,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=55b202ac-64a8-4463-9152-817ebbd46f49&Preview=1
Date
2/11/2008
Company Name
Digit Wireless
Mailing Address
24 New England Executive Park Burlington, MA 01830
Company Description
Digit Wireless, allow direct-entry, one-touch alphanumeric input so that mobile phone users can create text and multimedia messages quickly and intuitively on mainstream voice-centric phones.
Website
http://www.DigitWireless.com
Transaction Type
Venture Equity
Transaction Amount
$4,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company will use the proceeds for sales and marketing expansion.
M&A Terms
Venture Investor
Venrock
Venture Investor
Qualcomm, Inc.