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NEXAGE

47697 Westinghouse Drive #201
Fremont, CA 94539
USA
(510) 687-9999
Website Company Summary Management Team
Team

Management: John Ostrem (CTO);  Jay Borges (VP Sales)
Outside board: Matt Golden (BlackBerry Partners Fund Partner) Ryan Moore (GrandBanks Capital General Partner);  Mike Baker (Nexage Chairman)John Albright (Relay Ventures Managing Partner)
Company

Business description: NEXAGE is a wireless and multimedia software and services company focused on providing Mobile Video & Social Networking Solutions with an addressable market of 550 million mobile phones consisting of over 450 phones models operating on more than 350 wireless networks worldwide. We provide a complete hosted, turn-key solution for companies who want to "Go Mobile" with their video content. NEXAGE offers white label Mobile Video Entertainment, Advertisement & Social Networking Solutions with highly cost effective and low-risk business models. We enable companies to rapidly bring mobile video and social networking services to the mobile market. Benefits to our customers include increased revenue through new services and channels for content distribution and strengthened branding through subscriber satisfaction and loyalty, all with minimum upfront investment and low risk. Customers include DivX, ipsh! Omnicom Group, and many others. Nexage solutions have served mobile users in 120+ countries and on hundreds of carrier networks worldwide. The company is relocating to Boston, Mass.
Customers include: CBSCBS SportsDivXipsh!MozesVersaly Entertainment;  Investor Central;  milennialmedia;  wirelessTV
Capital

Rounds: 1
Recent fundings: Jul 2009   Feb 2008
Capital raised: 6.5M
Last Round: 4.0M
Ownership: Private  
VCs include: BlackBerry Partners Fund;  GrandBanks Capital

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Overview
Record updated: Aug 2009
Sector: Communications
Rounds: 1
Recent fundings: Jul 2009   Feb 2008
Capital raised: 6.5M
Last Round: 4.0M
Ownership: Private