Feb 7, 2005 – WaveMarket, a pioneer in location-based and mobile blogging services, closed a Series B round of financing, led by Draper Fisher Jurvetson, securing $9.4 million in venture capital. Existing investor BlueRun Ventures, formerly known as Nokia Venture Partners, also participatied. WaveMarket will use the proceeds to drive the success of their Crunkie service (mobile location-based social network), alert solutions, and location-based applications by providing concentrated support to their growing list of wireless carrier customers. WaveMarket is a pioneer in location-based alerts and blogging.
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