SVF member, Frontiers Capital, funds up-and-coming media savvy WeComm

Case study 1

weComm is a UK-based software company specialized in delivering business-critical data over wireless networks. The company developed Sky by mobile for Sky – the UK’s leading
provider of payTV services. Sky by mobile
uses weComm’s wave platform.

Frontiers has three funds and is backed by some of the leading players in the mobile sector including Symbian, NEC, IBM and the Carphone Warehouse. Frontiers investment approach is to work closely with their partners to assist portfolio companies, particularly with routes to market.

• weComm developed the wave platform used on Sky by mobile
• weComm received funding of $9 million by Frontiers Capital in 3 rounds
• weComm has been a Symbian Platinum Partner since 2001
• Frontiers Capital has been a member of the Symbian Venture Forum since 2001
• Secured VC funding through Symbian Venture Forum
  for future development
  
  

“We are delighted that our investee company weComm and our corporate partner Symbian have come together to create a world leading product which looks set for an exciting future now that SkybyMobile has been launched on the joint platform.” Nigel Spray – Managing Partner, Frontiers Capital Limited

“We recommended to Sky that the Sky by mobile service should be developed on Symbian OS first because it was the only platform capable of supporting a highly appealing and intuitive user experience without compromising any of the advanced technology features we required for a first rate interactive mobile TV service.” Oliver Sturrock – Chief Operating Officer, weComm

Case study 2

Quickoffice® Inc., a world leader in providing mobile office document software for smartphones, raised $11.5 million in private equity financing led by Silicon Valley venture firm Mayfield Fund.

• Award winning office document suite for 15 Symbian smartphones
• Top selling application on Handango in 2005
• Symbian Platinum Partner since 2003
• Secured VC funding through Symbian Venture
  Forum for future development

“The Symbian VC Forum provided a valuable venue for initiating our relationship with Mayfield, whose investment in Quickoffice has propelled our development plans for Symbian OS and has increased our market success.”

Barry Cottle – CEO, Quickoffice Inc

“Symbian OS licensees account for over 85% of global phone sales, which provides us with valuable global market reach. Analysts expect a rapid proliferation of Symbian OS-based devices in the market which greatly increases our revenue potential.”

Gregg Fiddes – VP of Sales and Strategic Partnership, Quickoffice Inc

“Mayfield is very focused on the mobile sector and we believe that Quickoffice is poised for a very strong future. Already they have secured strong commercial and strategic relationships with global brands such as Nokia and Sony Ericsson.”

Janice Roberts – Managing Director, Mayfield Fund

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