LocaModa Scoops Up $6.1 Million from DACE
LocaModa also has some interesting ideas about "the Web outside" -- basically, screens in public places that people can interact with using their cell phones.
Here's the PEHub item on the funding, the very Spartan DACE Web site, and LocaModa's site.
Joining DACE are investors from India and Japan. LocaModa CEO Stephen Randall writes via e-mail, "LocaModa's business is now better placed to not only grow in [the] USA but also in Asian markets, where the usage of the mobile phone is often a user’s primary interactive device."
In July, Randall was carping about the cluelessness of Boston VCs in my Globe column. Maybe this has changed his mind?
Labels: DACE Ventures, David Andonian, Jonathan Chait, LocaModa, start-ups, Stephen Randall, venture capital, wireless