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Transaction Wireless Scores $2.25M

socalTECH

The funding came from Mission Ventures and Okapi Ventures. According to the firm, it is developing mobile infrastructure for relationship marketing, including mobile POS and mobile gift cards. Leo Spiegel of Mission Ventures and Marc Averitt of Okapi Ventures have joined the firm's board as part of the funding.

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Networks In Motion Gets Patent

socalTECH

Aliso Viejo-based Networks In Motion , which develops wireless navigation software, announced Tuesday that the firm has scored a new patent on its technology. The firm said the patent covers technology used to keep its online director of businesses and entertainment venues up to date. According to the U.S. READ MORE>>.

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