wefi raises more money

Written by admin on August 5, 2009 – 4:25 am

Lightspeed Venture Partners and Pitango Venture Capital are pouring more capital into WeFi, operator of a global, community-based network of WiFi hotspots, in an undisclosed Series B round of funding and following an earlier round by both investors secured back in May 2007.
Bezeq Israel Telecom, the country’s dominant phone company, reported a 19 percent rise in quarterly net profit on Wednesday and raised its outlook for the rest of 2009.
Fring announced today that the Fring 3.40 is now available for Samsung (Symbian) handsets.
The iGO My Way 2009 turn-by-turn navigation app is now available in the App Store, offering editions for North America, Europe, and Western Europe.
IDB Holding Corp. Ltd. mobile telecommunications unit Cellcom Israel Ltd. said that it is considering a bid to buy 100 percent of Mirs, the smallest cellular company in Israel.
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