Baynote is a personalization and marketing optimization company that has raised $13 million in Series C funding. The investment was led by SingTel Innov8. All of Baynote’s existing investors Hummer Winblad, Steamboat Ventures, and JK&B Capital also participated in this round. Baynote has raised a total of $28 million thus far. Full press release is below:

Vantrix is a mobile video optimization and delivery solutions company. Vantrix raised $14 million Series C in a financing round led by Tudor Ventures. Other investors include Summerhill Venture Partners, JK&B Capital, Innovacom Venture Capital, BDC Venture Capital, and Entrepia Ventures.

Full press release below:

Nokia has bought an Illinois-based company called Novarra.  Novarra used to be known as Infospeed Communications.  Novarra develops mobile web browser technologies.  The terms of the acquisition are unknown.

Nokia said that Novarra will be rolled into Nokia’s web browser.  Novarra started in 1999 and raised $50 million in funding.  Investors in Novarra include Qualcomm Ventures, JK&B Capital, Public Employees Retirement Association of Colorado, and Fort Washington Capital Partners Group.  Novarra has about 100 employees. [alarm:clock]

Demand for the company’s platform solution is positioning Treemo to rapidly emerge as the leading provider of unique social media applications within a crowded space.”
-Tasha Seitz, Partner at JK&B Capital

Treemo is a Seattle, Wash. based company that focuses on the sharing of media on mobile phones.  Essentially, Treemo is a mobile social network.  The company announced today that they have raised $2.55 million in Series A-1 investment from Chicago, Ill. based venture capital firm, JK&B Capital.

“Demand for the company’s platform solution is positioning Treemo to rapidly emerge as the leading provider of unique social media applications within a crowded space,” stated Tasha Seitz, Partner at JK&B Capital. “The company’s seasoned executive team and proven strategy demonstrate a keen differentiation that aligns well with our portfolio companies. JK&B Capital’s financial support is a strong validation of the company’s pioneering vision and outstanding potential.”

With this round of funding, Treemo plans on expanding its platform and to attract a wider mobile carrier base.  Treemo plans on building communities around musicians and artists as well.  Evolution Capital Partners, a boutique investment banking company provided Treemo financial advice for the funding transaction.

Information Source:
[1] Earthtimes.org: Treemo Secures $2.55 Million in Series A-1 Funding Led by JK&B Capital