Some $543 million of VC money flowed to digital media companies in April, and more than half of it went to wireless content and infrastructure companies, according to San Francisco-based research firm Rutberg & Co. Wireless-related businesses attracted $303 million last month. That’s $10 million a day. According to Rutberg, “40 companies announced new VC funding last month; and 11 of those are making a business of technology related to mobile end points.” The largest funding went to Los Angeles-based MVNO Amp’d Mobile Inc. , which received $150 million. Motricity received $40 million, while Israeli company Siano Mobile took $23 million. Of 39 M&As in April, seven were related to mobile services. [Via Light Reading]
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