Siemens Funds Tropos
Neither company has announced how much the investment is, but Bert Williams, Tropos's marketing VP, did tell Unstrung that it is in "the single-digit millions."
Tropos has quietly added another $15 million to its VC funding over the last six months. Officially the company says it has received $13.5 million, plus an undisclosed investment from Intel Capital (see Tropos Pairs With HP, Bags $15M). Adding all of this up, it seems likely Tropos could have gathered somewhere in the region of $40 million in total funding.
Tropos describes the latest investment as "strategic." The Siemens Communications Group is planning to evaluate Tropos's systems for use in "new geographic and vertical markets." — Dan Jones, Site Editor, Unstrung