Tuesday, November 25, 2008

Pocket Communications Northeast Gets $100M

Pocket Communications Northeast, a provider of flat rate, unlimited wireless voice and data services, has scored $100M in an investment, the firm's venture backers said today. According to Battery Ventures, the lead investor in Pocket Communications Northeast, the funding will go towards expanding Pocket Communications' services out of Texas and into the Northeast Corridor, including operations in Connecticut, Massachusetts, and New York. Matt Niehaus of Battery Ventures and Jon Auerbach of Charles River Ventures have joined the board of Pocket Communications with the funding. Pocket Communications is based in San Antonio.