Mobile Graphics Firm Bitboys Gets $4.8 Million Funding From Nokia

Bitboys, a Finnish provider of graphics hardware solutions for mobile devices, has received about $4.8 million funding from Nokia Growth Partners, a $100m VC fund established by Nokia in December 2004.
With the new investment, NGP acquires a 14% share of Bitboys, but will not have representation on the board of the company.
The investment will support Bitboys in designing solutions that enable high-quality 3D and vector graphics acceleration in the power and size-restricted environments of mobile devices.

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