Mobile IM Device Firm Zipit Gets $4.7 Million First Round Funding

Zipit Wireless, the mobile IM device firm, has received $4.7 million in first round funding from Windspeed Ventures, SunBridge Partners, Meritus Ventures, L.P. and SC Launch. The company, based in Greenville, SC and founded in 2004, has developed a Wi-Fi IM device on the market that supports all major IM services. The device also has a music player built into it which allows users to access streaming music resident on their PCs. The device retails at Circuit City or online. More details in release.

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