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

Number of Investments

Number of Lead Investments

10

4

Siemens Mobile Acceleration has made 10 investments. Their most recent investment was on Jun 9, 2005, when NordNav Technologies raised 0.

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	—