Excerpt from: Technology Investors
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| September 15, 2006 | | Investment Accelerates Deployment of Leading PC Place-shifting Solution for Mobile Carriers | Updata's newest portfolio company is revolutionizing the way people access their personal digital media libraries. With myMobileMedia™ service from CMWare, mobile carriers can turn their subscribers' mobile devices into digital media players. CMWare provides PC place-shifting solutions that create value-added data services revenue streams and enhance subscriber loyalty for mobile carriers. CMWare's myMobileMedia service is the first complete, turn-key PC place-shifting solution that works over any mobile network to reliably stream digital media from subscribers' PCs to their mobile devices in any format, including music files such as MP3, M4A, M4P and WMA, as well as pictures and DRM-protected content. myMobileMedia is powered by CMWare's patent-pending myPCStream™ technology that extends the content and applications stored on PCs to the broad range of mobile handsets used by consumers. CMWare announced its Series A funding from Updata Partners earlier this month. Commensurate with Updata's funding, Tim Meyers and Carter Griffin of Updata Partners will join J. Gerard Aguilar, CTO and Dale Skran, VP of Engineering on the board of directors. | | |
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