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SoonR, a company that delivers the power of the PC and Mac to mobile
phones, recently announced it has completed a $6 million Series A
round of funding. Clearstone Venture Partners, with participation by
Intel Capital and private investors, led the investment. The
company further announced that William Quigley, Managing Director,
and David Stern, Venture Partner at Clearstone Venture Partners,
were elected to its Board of Directors in connection with the
financing.
The company will use the funding to grow its service that allows
consumers to access data and applications on their PC or Mac from
any mobile handset anywhere in the world, no matter which carrier
network. SoonR fully enables phones and Ultra Mobile PCs to leverage
the power of content and applications on PCs and Macs.
“We are excited to be working with Clearstone Venture Partners
and Intel Capital,“ said Martin Frid-Nielsen, CEO of SoonR. “They
bring significant global connections that will help us expand into
new markets.”
“SoonR is a visionary and fast-moving company offering a broad
technology platform that is positioned to be an indispensable
service for hundreds of millions of mobile users. I am excited to be
part of this team,” said William Quigley, Managing Director at
Clearstone Venture Partners.
The way people access information is rapidly evolving—low-cost
storage, high-speed wireless deployment; powerful portable phones
and devices are becoming the standard worldwide. SoonR accelerates a
future where the retrieval and sharing of an individual’s digital
assets can be easily managed from any mobile device at any location.
“As we see the PC expanding its role within the mobile digital
lifestyle, we share SoonR’s vision of delivering this flexibility to
any mobile device,” said Sriram Viswanathan, Vice President, Intel
Capital and Managing Director, Mobility Sector. “SoonR's services
will undoubtedly empower users at a crucial time - just when they
are demanding this freedom."
Additional investors participating in the round include William
Stewart, SoonR Board member, Chairman of Sand Hill Capital,
Founder/Chairman of Asia Pacific Ventures and APV Technology
Partners; Thomvest Seed Capital, Inc; Melinda Rogers of Rogers
Communications, Inc.; Patrick McVeigh, SoonR Board Member and former
CEO of PalmSource as well as other private investors. Wilson Sonsini
Goodrich and Rosati, Professional Corporation, advised SoonR
regarding this investment. |