Littlefeet, which makes antennas that can help prevent dropped calls on cell phones, said last week that it has raised $22 million in third-round venture funding.
Littlefeet says it will use the money to improve its antennas, which provide coverage in areas with weak signals. However, Littlefeet's system works only with GSM cellular networks, widely used in Asia, Europe and some parts of Latin America-but rarely in the United States.
AT&T Wireless and Cingular Wireless, which operate TDMA networks in the United States, are expanding their GSM networks to include new cities.
The Business of Going DigitalDigital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.
What The Business Really Thinks Of IT: 3 Hard TruthsThey say perception is reality. If so, many in-house IT departments have reason to worry. InformationWeek's IT Perception Survey seeks to quantify how IT thinks it's doing versus how the business views IT's performance in delivering services - and, more important, powering innovation. The news isn't great.