The wireless researchers note that the investments were mainly in the telecom, media and applications and device sectors. Individual startups in the 4G LTE, Bluetooth hardware and mobile cloud sectors grabbed the biggest individual pieces of the mobile-funding pie:
Exit offerings, however, for well-heeled mobile startups in August and beyond may look more tricky with the current roller-coaster stock markets worldwide. Reuters reports that 3-D mobile motion-sensing startup InvenSense postponed its expected $99.8 million IPO this week because of the tough market.
— Dan Jones, Site Editor, Light Reading Mobile