Siemens Mobile Acceleration

investment firm

About

Siemens Mobile Acceleration, a Munich-based company, supports startups developing innovative applications for mobile communication networks.

  • Munich,Bayern,Germany

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 service—ranging 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
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

Exits

Siemens Mobile Acceleration has had 2 exits. Siemens Mobile Acceleration most notable exits include NordNav Technologies ,   Atsana Semiconductor

Date Company Name Exit Type Industry
Jan 15, 2007 NordNav Technologies M&A Developer Platform Detail
Aug 18, 2005 Atsana Semiconductor M&A Digital Media Detail