Danger’s big bonanaza

Om Malik, Friday, July 23, 2004 at 7:13 AM PT Comments (2)

Now that the world is coming to the realization that a phone is not just a phone, investors are lining up to get a piece of companies like Sendo and Danger. Danger of Palo Alto, California snagged a whopping $37 million from current and new investors. I think it is one of the biggest rounds of financing in recent days. Total funding at the company, which says it has the potential to stage an initial public offering, is now $114 million, according to VentureWire. Investors in the series D round include Redpoint Ventures, Softbank Capital Partners and Mobius Venture Capital. Two new investors also participated: Institutional Venture Partners and Adams Street Partners.

Hank Nothhaft, Danger’s Chairman and Chief Executive Officer said: “This oversubscribed round affirms Danger’s business model, position in the marketplace, and prospects for significant success within the mobile internet market.” In addition, Danger signed-up Sharp of Japan to make its devices. In the past 12 months, Danger has introduced two new hiptop models, lined up seven of its current eight announced carrier partners, hired new executives and moved into new facilities, adds Venture Wire. Company is looking to add more service providers to its list of customers.

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August 6th, 2004
3:29 AM PT
Anonymous said:

Of course, adult males playing

Of course, adult males playing massive multi-player online role-playing games (MMORPG) like EverQuest have received the most attention.

1 comment so far

September 7th, 2004
6:19 AM PT
prozac said:

What they said:
What they meant:

“If you knew this person as well as I know him, you would think as much
of him as I do.”
(Or as little, to phrase it slightly more accurately.)
“Her input was always critical.”
(She never had a good word to say.)
“I have no doubt about his capability to do good work.”
(And it’s nonexistent.)
“This candidate would lend balance to a department like yours, which
already has so many outstanding members.”
(Unless you already have a moron.)
“His presentation to my seminar last semester was truly remarkable:
one unbelievable result after another.”
(And we didn’t believe them, either.)
“She is quite uniform in her approach to any function you may assign her.”
(In fact, to life in general…)
prozac online “The Computer made me do it.”
prozac What they said:
What they meant:

“If you knew this person as well as I know him, you would think as much
of him as I do.”
(Or as little, to phrase it slightly more accurately.)
“Her input was always critical.”
(She never had a good word to say.)
“I have no doubt about his capability to do good work.”
(And it’s nonexistent.)
“This candidate would lend balance to a department like yours, which
already has so many outstanding members.”
(Unless you already have a moron.)
“His presentation to my seminar last semester was truly remarkable:
one unbelievable result after another.”
(And we didn’t believe them, either.)
“She is quite uniform in her approach to any function you may assign her.”
(In fact, to life in general…)

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