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Industry: Email Alert RSS FeedCellFish raises $10M, Oasys thinks sale.(Upfront)
RCR Wireless News, April, 2007
Byline: COLIN GIBBS The turbulent world of mobile content was highlighted once again last week as one well-known firm filled its coffers and another continued to fight for its life. CellFish Media raked in another $10 million in venture funding, topping off a first round that saw the company pocket an impressive total of $60 million.
The firm, which is partially owned by French media conglomerate Lagardere SCA, said it will use the cash to fuel a "major product launch'' slated for this summer as well as explore new distribution models. Solidarity Fund QFL, a Montreal-based development capital fund, was the lone investor in the most recent round. CellFish offers ringtones and other goodies both directly to consumers and on the decks of more...
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