NEWS & VIEWS

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Dolphin Browser developer seals funding from Qualcomm Ventures

5 Sep 2012

Qualcomm Ventures has taken part in a second funding round for China-based mobile web browser developer Mobotap, it is understood.

The Dolphin Browser developer previously received $10m of Series A financing from Sequoia Capital and Matrix Partners last July.

Android and iPhone-based dolphin features a gesture and voice control system, allowing users to train their mobile to respond to different voice and hand commands.

In July Qualcomm joined Accel Partners and media company Bennett Coleman & Co to help close a Series A round for online hypermarket ZopNow Retail.

Qualcomm Ventures was formed in 2000 with a $500m fund commitment to make strategic investments in early-stage high-technology ventures.

Since then it has funded numerous companies in the wireless sector and set up several exclusive regional funds to spur development in key strategic markets, including a $100m fund in China and a €100m fund in Europe.

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