Streaming Video Firm Inetcam Gets $12.5 Million Funding

Inetcam, a San Diego, CA-based developer of video applications for mobile devices, has secured $12.5 million in funding from Equal Elements, a technology focused venture fund based in Santa Monica, Ca. This is Equal Elements’ second funding announcement in a month..it funded Soapbox Mobile, an m-commerce company, last month.
Inetcam’s software provides real time streaming of video to any wireless device such as BREW, J2ME, and Smartphone based mobile handsets. The company will use the investment to enhance product development and to expand global sales and marketing efforts.

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