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According to a report from market research firm Telephia, the mobile market is on the upswing. On-portal mobile game revenue hit $151 million in the last quarter of last year, a 61 percent year-over-year rise. - Vivace has closed the second of its first round of funding with an additional $7 million dollars. - Dexterra closed $36 million in funding. New Enterprise Associates led the round, joining existing investors - The mobile market is a tempting market and it motivated InterDigital Communications Corporation to lead a $10 million round of funding in Kineto. - iSkoot has secured $7 million in Series B financing. The round was led by Charles River Ventures and previous investors Khosla Ventures, ZG Ventures and Jesselson Capital Corp.

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Credits:	American Venture Network
URL:	http://www.americanventure.tv/
Tags:	capital funding mobile news phones venture

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