New screens, new players! Bluestreak technology, a company which has developed “MachBlue”, a multimedia flash interface for mobile phones, announced today that it has secured USD $20 million dollars in Series D financing from Iris Capital, QFL, BDC Venture Capital, First Capital Group and Tomorrow Group.
“This latest round of financing will allow Bluestreak to further consolidate its position in the fast-growing rich media market and to continue winning major accounts worldwide including in the Chinese and Korean markets.’’ said Paul Forostowsky, Bluestreak CEO
Compatible with major mobile environments like Java, Brew, Symbian, and the Access Linux platform, Bluestreak has been chosen by Orange France for its mobile EPG (Electonic Programme Guide), a strange move from a company which made also a strategic investment in Streamezzo, Bluestreak’s main competitor.
