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VCs Give Sky a Boost

Sky MobileMedia, Inc., a San Diego-based provider of mobile application software platforms, said it closed a $15 million, second round of venture financing Jan. 17.

Sid R. Bass Associates of Fort Worth, Texas, led the latest investment round with San Diego-based Enterprise Partners Venture Capital, a first round investor, also participating.

Sky said it plans to use the new capital to support its fast growing Sky-Map handset manufacturer customers, including expanding customer support, field applications engineering, and sales activities.

Sky MobileMedia also announced that Ake Persson, a former president of Ericsson’s CDMA Systems Business unit and president of Ericsson Wireless Communications Inc. in San Diego, was named chairman of its board of directors.

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, Mike Allen

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