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Siemens Mobile Acceleration
About
Siemens Mobile Acceleration, a Munich-based company, supports startups developing innovative applications for mobile communication networks.
- Munich,Bayern,Germany
Highlights
Details
- Industries
- Innovation Management,Mobile
- Operating Status
- Active
- Also Known As
- SMAC
- Investor Type
- Accelerate
Siemens Mobile Acceleration GmbH (smac) supports start-up companies involved in developing innovative applications for mobile communications networks. These companies not only receive financial assistance; they also gain access to Siemens' expertise and serviceranging from a global research and sales network to management consulting and the provision of office space. smac has office locations in Oberhaching near Munich, Germany, as well as in Stockholm, Paris, Beijing and Shanghai, with other countries soon to be added to the list. The companies supported by Siemens Mobile Acceleration GmbH include:
Investments
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Jun 9, 2005
NordNav Technologies
|
Series A | — | Developer Platform | — |
|
Jan 27, 2005
PhoneBites
|
Series A | $3M | Mobile | — |
|
Oct 7, 2004
Exit Games
|
Series A | — | Augmented Reality | Yes |
|
Jun 8, 2004
Xingtone
|
Series A | — | Mobile | Yes |
|
Feb 10, 2004
Oplayo
|
Series C | €4.40M | Internet | — |
Exits
Siemens Mobile Acceleration has had 2 exits. Siemens Mobile Acceleration most notable exits include NordNav Technologies , Atsana Semiconductor
| Date | Company Name | Exit Type | Industry | |
|---|---|---|---|---|
| Jan 15, 2007 | NordNav Technologies | M&A | Developer Platform | Detail |
| Aug 18, 2005 | Atsana Semiconductor | M&A | Digital Media | Detail |
