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Financial News & Funding

Latest Headlines

Latest Headlines

NTIA will hand out $121.5M to aid FirstNet effort

The National Telecommunications and Information Administration (NTIA) will distribute $121.5 million in grants to assist states in planning for the LTE-based nationwide public safety broadband network (NPSBN).

VC money flows into mobile app tools, analytics and testing

Companies that test, analyze and preview mobile applications were big winners with venture capital firms in October. According to Rutberg & Co. report on venture capital financing, 91 mobile companies received $360 million in VC financing in October.

Consumer apps dominated mobile VC financing in September

Consumer mobile app companies continue to rake in venture capital financing, according to a new Rutberg & Co. report on VC financing in the wireless sector. In September, 72 wireless companies received a total of $401 million in VC funding. Out of those firms, many were makers of consumer apps and app infrastructure.