Nexit Ventures, a mobile venture capital firm focused on wireless technologies and services, has made an undisclosed investment in Finnish mobile TV technology provider Axel Technologies. Existing investor, the government-owned Finnish Industry Investment, joined the unspecified round. Axel Technologies, which creates mobile TV middleware for both 3G based services and DVB-H services, will use the funding to develop its sales, marketing and customer support teams (release).
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post