Danger, a Silicon Valley startup working on wireless internet access, has secured $36m in second-round financing including an unspecified amount from Orange Ventures, the venture capital (VC) arm of the pan-European wireless operator.
The financing, led by Redpoint Ventures, includes investments from T-Venture, the VC arm of Deutsche Telekom, and Softbank VC, which led Danger's first round of $12m.
"The unique combination of investments from venture divisions of two of the world's leading wireless carriers and top Silicon Valley VC firms provides Danger with the operational and financial expertise to turn the mobile internet into a reality for the consumer market," Andy Rubin, chief executive of Danger, said in a statement.
The company provides an integrated solution for wireless service operators that includes a back-end service consisting of a standards-based platform that uses programs written in Java.
The Danger device, called the hiptop, connects to wireless networks and allows users to browse the web, exchange instant messages and send and receive emails with attachments. Additional features include a fully featured phone, personal information management, entertainment applications and a camera accessory.
The company plans to roll out hiptop to the consumer market in the first quarter of 2002.
Mobile industry analyst Jim Forbes said: "The industrial design of the hiptop is certainly innovative. However, the fundamental differentiator allowing Danger to redefine the category is their back-end service that supports the device."
He explained that the service does the heavy computing and continually updates the user with new services and capabilities without the need for new hardware.
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