The name m-Qube Inc. may be gone from the local technology community, but it is not forgotten.
Slightly more than a year after the Boston-based mobile marketing channel developer was acquired by California's VeriSign Inc. for $250 million, m-Qube's inspiration lingers. For instance, executives that once made the company the fastest growing startup in New England are busy planting new seeds across the region with the hope of duplicating m-Qube's success.
Waltham's Mobicious Inc. and Quattro Wireless Inc. are two examples that have emerged over the past few weeks. This week, Mobicious, co-founded by former m-Qube director of marketing David Chang, landed $4 million in its first rounding of funding from North Bridge Venture Partners and Carmel Ventures. Quattro Wireless, on the other hand, was launched publicly last week, driven by a $6 million round of funding from Highland Capital Partners, and led by former m-Qube general manager and CTO Andrew Miller and Eswar Priyadarshan, respectively.
In fact, of the 13-member management team in place at the time of m-Qube's acquisition in March 2006, 10 have moved into positions within the local high-tech startup community.
Would you like to comment?
Join Diigo for a free account, or sign in if you are already a member.