Disqus
The Paliwoda Group launched a new fund called Mobile Info Solutions Fund to offer seed-stage investments to projects across the mobile Internet sector in the New York City. Among the areas they look to put their money in there are location-based services, social networking, mCommerce (advertising and payments), communication and entertainment. Applications will be accepted beginning January, 2011.
Applications will be reviewed as they are received, and the most promising projects will be invited to meet with a member of the firm’s Ventures investments team. Projects will be announced as they are selected for funding, unless they choose to remain operating in stealth mode.
Commenting on the new fund launch, Ron Paliwoda (founder and President of The Paliwoda Group) said: “We look for novel solutions to unique challenges within the mobile Internet sector. We also look for agile teams that can rapidly adapt to change since business trends can shift significantly in the time it takes to bring a product to market.”
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
