The funding, raised by Washington, D.C. based Paladin Capital Group, comes from existing investors in the company along with a new investor ? Motorola Ventures, the venture capital arm of Motorola. Clearly this is much more than just a case of Motorola looking for good return on their money. It will be interesting to see what comes of this new cash infusion. Certainly, having full XP usability in your pocket would be a great advance."
Friday, November 18, 2005
OQO has a new sugar daddy
"OQO is a company that has been attempting to mainstream a PDA that runs Windows XP. It?s an ambitious project, but one that will be ongoing for a good while longer. They have received $20 million in an oversubscribed round of financing. The new money will be used to increase sales and marketing and accelerate research and development on the next generation of mini-computers.
The funding, raised by Washington, D.C. based Paladin Capital Group, comes from existing investors in the company along with a new investor ? Motorola Ventures, the venture capital arm of Motorola. Clearly this is much more than just a case of Motorola looking for good return on their money. It will be interesting to see what comes of this new cash infusion. Certainly, having full XP usability in your pocket would be a great advance."
The funding, raised by Washington, D.C. based Paladin Capital Group, comes from existing investors in the company along with a new investor ? Motorola Ventures, the venture capital arm of Motorola. Clearly this is much more than just a case of Motorola looking for good return on their money. It will be interesting to see what comes of this new cash infusion. Certainly, having full XP usability in your pocket would be a great advance."
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