Pixsense announced $5.4 million in funding yesterday from ATA Ventures and Innovacom as the lead investors. From their press release:
PixSense provides mobile media management infrastructure, software, and
services for wireless carriers. PixSense’s technology enables digital media
management and rich-media messaging services to mobile subscribers who
increasingly rely on their mobile phone as their primary media device.
PixSense’s technology also includes patent-pending, on-device media
compression technology and network optimization technology that ensure fast
transfers, and significantly reduces costs to both end users and wireless
operators.
My take away on this is that our mobile devices are taking the place of our computers and the mobile device will hold the social networks in the future. Also as we start to use the wireless networks more, their exists an opportunity for wireless providers to charge higher fees for the impending greater usage.
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