SkyFire gets $13 million series B funding
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SkyFire Labs Inc., makers of the SkyFire mobile browser, which allows users to experience the PC Web on their handsets, today announced $13 million in Series B funding led by Lightspeed Venture Partners, a leading global venture capital firm.
This round of funding also includes previous investors Matrix Partners and Trinity Ventures. The company will use the funds towards further rollout of its flagship browser and will add Jake Seid, Managing Director of Lightspeed, to its Board of Directors
SkyFire, a free downloadable browser currently in private beta, offers users the complete PC browsing experience at blazing fast speeds, all on their mobile phones. According to the companies website, the browser supports full audio, video, images, dynamic Flash content, advanced Ajax and Java.
The initial SkyFire private beta supports Windows Mobile 5 and 6 phones, both touch-screen and non-touch-screen, in the U.S. In the coming months, the Symbian platform is planned to be supported.
There are several mobile browsers available in the market. Notable one’s include: Safari on the iPhone, NetFront from ACCESS and Opera Mini from the Opera team.
“Skyfire’s ability to support Flash video can give a shot in the arm to consumption of video on smartphones which currently stands at 18.4 percent,” said Seamus McAteer, senior analyst, M:Metrics.
