Tira Wireless secures $5 million in Series D

Mobile technology and services provider Tira Wireless announced the completion of a Series D financing round totaling $5 million and led by existing investors Lehman Brothers Venture Partners, Brightspark Ventures, Flagship Ventures and Export Development Canada. According to Tira Wireless, the funding is earmarked to expand the firm's horizons beyond its core traditional mobile entertainment sensibilities, delivering products designed to appeal to a broader audience of large and small developers seeking to explore the mobile platform but requiring additional domain expertise and tools to address fragmentation complexities.

Among the technologies Tira Wireless plans to target are messaging and GPS-enabled location based services as well as Web 2.0 and interactive applications for social networking, blogging and related rich media experiences. "We have been very successful in executing our strategic plan for market growth, and are now well positioned to embrace the latest phase of our product roll out," said Tira Wireless CEO Doug Barre in a prepared statement. "The first rounds of funding enabled us to establish a solid foothold in the mobile ecosystem by supporting the needs of those in the entertainment and mobile games sector. The market is now ready to embrace a new genre of mobile content, and with this latest round of funding, we have the resources needed to captivate an audience of developers that are looking to get their existing applications to a mobile device and mobile market."

For more on the Tira Wireless funding:
- read this release

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